Early in 2021, the Excalibur Company began developing a new software package to be marketed. The project was completed in December 2021 at a cost of $13 million. Of this amount, $8 million was spent before technological feasibility was established Excalibur expects a useful life of five years for the new product with total revenues of $18 million. During 2022 , revenue of $9million was recognized Required: Prepare a journal entry to record the 2021 development costs. (If no entry is required for a transaction/event, select "No journal entry required "in the first account field. Enter your answers in whole dollar not in millions.) Journal entry worksheet Noter Enter debits before credita