Grater Company 's new software was developed over two years beginning January 1, 2009. On July 1, 2009, the software was determined to have technological feasibility. The software was put on the market on January 1, 2011. Grater's costs in developing this software were $200,000 per month each month during these two years. The software is expected to be on the market for 3 years. Total revenue from the software is expected to be $ 4 million in 2011, $3.5 million in 2012, and $2.5 million in 2013. Prepare the 2011 journal entry for amortization of this software assuming Grater's fiscal year-end is December 31st.