During $20$x$3,$ Marjille Company began a new software development project. The project reached technological feasibility on August $15,20$x$4,$ and was available for release to customers at the beginning of $20$x$5.$ Development costs incurred prior to August $15,20$x$4,$ were $$5,370,000,$ and costs incurred from August $16,20$x$4$ to the product release date were $$2,190,000.$ The economic life of the software is estimated at three years.

How much amortization expense would Marjille record on this software during the year $20$x$5?$During $203,$ Marjille Company began a new software development project. The project reached technological

feasibility on August $15,20$x$4,$ and was available for release to customers at the beginning of $20$x$5.$ Development

costs incurred prior to August $15,204,$ were $$5,370,000,$ and costs incurred from August $16,204$ to the product

release date were $$2,190,000.$ The economic life of the software is estimated at three years.

How much amortization expense would Marjille record on this software during the year $205?$

Multiple Choice

$$390,800.$

$$2,520,000.$

$$1,790,000.$

$$730,000.$