Question: Peony City contracts with Big City Software to use a securities trading software. Which of the following is not included in the capitalization of the

Peony City contracts with Big City Software to use a securities trading
software. Which of the following is not included in the capitalization of
the asset at the beginning of the subscription period?
Costs Peony city incurred for city employees to participate in community
college courses to understand how to use the software
Present value of the sum of scheduled payments
Payments made to Big City Software as deposits during the contracting period
to secure the right to use of the technology
Installation costs of hardware required to use the software
 Peony City contracts with Big City Software to use a securities

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