A company began a new software development project in $2023.$ The project reached technological feasiblity on June $30,2024,$ and was avalable for

release to customers at the beginning of $2025.$ Development costs incurred prior to June $30,2024,$ were $$3,440,000$ and costs incurred from June $30,$

$2024,$ to the product release date were $$1,640,000.$ The economic life of the software is estimated at four years. For what amount witl softvare be

capitalized in $2024?$