On September 30, year 1, Foxgen Software began developing a software program to shield personal computers from malware and spyware. Technological feasibility was established on February 28, year 2, and the program was available for release on April 30, year 2. Development costs were incurred as follows: September 30 through December 31, year 1 $3,500,000 January 1 through February 28, year 2 700,000 March 1 through April 30, year 2 500,000 Foxgen expects a useful life of four years for the software and total revenues of $4,500,000 during that time. During year 2, revenue of $1,500,000 was recognized. Required: 1. Prepare the journal entries to record the development costs in year 1 and year 2 2. Calculate the required amortization for year 2