During 2010, Quaker, Inc. DEVELOPEd & new financial accounting software package for sale . The company Spent $15, dad, ``` on the System , ` ``` Of which was incurred PILOT to technological feasibility being Established . The package WES put On SEE . January 1, 201 1, and the company Estimates that over the five - year life of the package it will generate [ ]OO million in Sales . During 201 1 , sales amounted to bad million . Required . 3 . FIEDATE the journal Entry to record the development costs incurred in 2010. Compute the amortization expense of the capitalized software costs for 2011