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Business, 02.11.2020 16:40 Rententen3845

Illini Imaging recorded capitalized software development costs of $1,400,000 at the end of 2021. The 2022 revenues from the sale of the new software were $4,000,000, and the company anticipates additional revenues of $6,000,000. The economic life of the software is estimated at four years. Amortization of the software development costs for the year 2022 would be:

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Illini Imaging recorded capitalized software development costs of $1,400,000 at the end of 2021. The...
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