University Company incurred the following costs to develop and produce a computer software:

Completion of detailed program designP1,300,000

Costs incurred for coding and testing to

establish technological feasibility1,000,000

Other coding costs after establishment

of technological feasibility2,400,000

Other testing costs after establishment

of technological feasibility2,000,000

Cost of producing product masters for

training materials1,500,000

Duplication of computer software and

training materials from product masters2,500,000

Product packaging900,000

Compute the ff.

AMOUNT OF INVENTORY

COST TO BE EXPENSED

AMOUNT OF COMPUTER SOFTWARE