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A company began a new development project in 2 0 2 3 . The project reached technological feasibility on June 3 0 , 2 0
A company began a new development project in The project reached technological feasibility on June and was available for release to customers at the beginning of Development costs incurred prior to June were $ and costs incurred from June to the product release date were $ The revenues from the sale of the new software were $ and the company anticipates additional revenues of $ The economic life of the software is estimated at four years. Amortization of the software development costs for the year would be: Multiple Choice $ $ $ $
A company began a new development project in The project reached technological feasibility on June and was available for release to customers at the beginning of Development costs incurred prior to June were $ and costs incurred from June to the product release date were $ The revenues from the sale of the new software were $ and the company anticipates additional revenues of $ The economic life of the software is estimated at four years. Amortization of the software development costs for the year would be:
Multiple Choice
$
$
$
$
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