N Co. incurred the following costs in self-generating computer software:

Completion of detailed program design P2,000,000 Cost incurred for coding and testing to establish technological feasibility 1,600,000 Other coding costs after establishment of technological feasibility 4,000,000 Other testing costs after establishment of technological feasibility 3,200,000 Cost of producing product masters 2,400,000 Reproduction and duplication costs from product masters 4,800,000 Packaging costs for the reproduced software 1,200,000 How much is the cost of computer software recognized as intangible asset