On september 30, 2018, athens software began developing a software program to shield personal computers from malware and spyware. technological feasibility was established on february 28, 2019, and the program was available for release on april 30, 2019. development costs were incurred as follows:

Complete Question is as under:

On September 30, 2016, Athens Software began developing a software program to shield personal computers from malware and spyware. Technological feasibility was established on February 28, 2017, and the program was available for release on April 30, 2017. Development costs were incurred as follows:

September 30 through December 31, 2016  $  2,310,000  

January 1 through February 28, 2017  910,000  

March 1 through April 30, 2017  510,000  

Athens expects a useful life of four years for the software and total revenues of $7,000,000 during that time. During 2017, revenue of $1,050,000 was recognized.

Required:

1. Prepare the journal entries to record the development costs in 2016 and 2017. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2. Calculate the required amortization for 2017. (Enter your answer in whole dollars.)

Part A. Journal Entries are given below in the explanation.

Part B. $102,000

Explanation:

Software expense prior to the feasibility stage which is also known as research stage are treated as an expense during the year and the expenses incurred after the feasibility stage which is also referred as development stage are capitalized.

The expenses here which qualify for the research costs are the expenditure prior to the development stage starting point which is February 28, 2017. So prior to this, all the costs incurred were $2,310,000 for 2016 and $910,000 for 2017 which would be treated as expense and from this date, all the costs incurred would be treated as Asset.

Entries prior to the development stage:

2016

Dr Research Expense 23,10,000

Cr Cash                     23,10,000

Entries after February 28, 2017 which is the feasibility point will be as under:  

2017  

Dr Research expense                  9,10,000  

Dr Software development costs  5,10,000  

Cr Cash                                             14,20,000

2. Calculate the amortization for 2019 as shown below:

Using percentage of revenues method

Amortization = Current revenue / Total revenue * Software development costs

= $10,50,000/$70,00,000*$510,000

= $76,500

Amortization can be calculate using the following formula:

Amortization of intangible asset = Software development costs / Useful life

Amortization of intangible asset = $510,000 / 5 years = $102,000

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

answer; communities of interest; i believe this is correct, plz check first good luck;