During 2021, Canter Company incurred costs to prepare software that it plans to re-sell to the market. For each of the following costs, list whether that cost should either be expensed, capitalized, or part of inventory by placing either an E, C, or I on the line provided.

E = Expense

C = Capitalize

I = Inventory

1. Work on a program design prior to reaching technological feasibility.
2. Training materials provided to the customer.
3. Testing of program prior to reaching technological feasibility.
4. Testing of program after reaching technological feasibility.
5. Duplication of software.
6. Packaging of software.