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Small County's tax assessment department identified the need for new property tax assessment and billing software. A project task force composed of county staff was

image text in transcribed Small County's tax assessment department identified the need for new property tax assessment and billing software. A project task force composed of county staff was assembled to address this need. The following outlays were incurred related to the project in 2015 : - Task force interviews with operators of the software and users of the information to determine the needs of the users, evaluation of system hardware requirements, assessment of current in-house information technology resources and evaluation of commercially available software packages, and issuing requests for proposals from vendors. Outlays: $1.5 million. - The county awards a contract in the amount of $14.5 million to a vendor to acquire a perpetual license to use its property tax software as modified to meet the County's needs. The vendor is responsible for the installation and modification of the software, while four county employees are dedicated to the project full time until its completion an additional cost of $0.5 million. - Outlays for data entry and for training software users and operators is $0.6 million. How much should Small County capitalize related to the outlays associated to the project

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