On August 1, 2024, Reliable Software began developing a software program to allow individuals to customize their investment portfolios. Technological feasibility was established on January 31, 2025, and the program was available for release on March 31 2025. Development costs were incurred as follows August 1 through December 31, 2024 January 1 through January 11, 2025 February 1 through March 31, 2025 $6,300,000 1,200,000 1,600,000 Reliable expects a useful life of five years for the software and total revenues of $8,000,000 during that time. During 2025, revenue of $2.000.000 was recognized Required: Prepare the journal entries to record the development costs in 2024 and 2025 Note: If no entry is required for a transaction/event, select "No journal entry required" In the first account field. View transaction list Journal entry worksheet < Record the development costs in 2024. Na Trier debts before s Dale 2024 Dentral Journal Debit Crear Clear entry View general journal