Current Attempt in Progress

Sarasota Inc., a private company that applies ASPE, incurred $$15,200$ in materials and $$11,000$ in direct labour costs between January and March $2023$ to develop a new product. In May $2023,$ the criteria required to capitalize development costs were met. A further $$51,200$ was spent for materials, $$13,900$ for direct labour costs, $$3,300$ for borrowing costs, and $$74,200$ for directly related legal fees.

Prepare the appropriate journal entries. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$