On September $30,2024,$ Athens Software began developing a software program to shield personal

computers from malware and spyware. Technological feasibility was established on February $28,2025,$

and the program was available for release on April $30,2025.$ Development costs were incurred as

follows:

Athens expects a useful life of four years for the software and total revenues of $$6,300,000$ during that

time. During $2025,$ revenue of $$1,260,000$ was recognized.

Required:

Prepare a journal entry in each year to record development costs for $2024$ and $2025.$

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first

account field.

Journal entry worksheet

$12$

Record the development costs for $2024.$

Note: Enter debits before credits.