Geller Inc. incurred $700,000 of capitalizable costs to develop computer software during 2012. The software will earn total revenues over its 4-year life as follows: 2012 - $400,000; 2013 - $500,000; 2014 - $600,000; and 2015 - $500,000. What amount of the computer software costs should be expensed in 2012?

Question 19 options:

	$700,000
	$140,000
	$175,000
	$245,000