10)

10. Assume REH AG, a hypothetica I company, incurs expenditures of $1,000 per during the fiscal year ended 31 December 2009 to develop software for internal use. How much intangible asset can the company re the company demonstrate intangible asset on April 1? month cognize on the books if the software met the criteria for recognition as an a. $1,000 b. $3,000 c. $9,000 d. $12,000 d new equipment for $50,000 by paying nsts $1,000