Breaker Limited Incurred the following costs to develop a new data analytics app for sale or lease in Year 1.I need help preparing the journal entries to record the company's R+D activities in Year 1. The journal entry to record the amortization of capitalized software costs if any in Year 1, and the net carrying value of the capitalized software costs at the end of the first year.

Description of Expenditure Cost Cost of program design $ 23,000 Coding 59,000 Testing 68,000 Cost to create completed versions of the software 69,000 Creation of product masters 54,000 Development of documentation 20,000 Creation of training materials 90,000 Cost of duplication and developing download 19,000 capability Packaging and printing 28,000 TOTAL $ 430,000 The software is expected to have an economic life of 8 years and $14,870,000 in total sales. Year 1 sales amounted to $2,000,000