(Solved): please calculate the required amortization for 2025. will upvote if the answer is correct. On Septe ...

On September 30, 2024, Athens Software began developing a software program to shield personal computers from malware and spyware. Technological feasibility was established on February 28, 2025, and the program was available for release on April $30,2025$. Development costs were incurred as follows: Athens expects a useful life of four years for the software and total revenues of $\$7,600,000$ during that time. During 2025 , revenue of $\$1,520,000$ was recognized. Required: 1. Prepare a journal entry to record the development costs in each year of 2024 and 2025 . 2. Calculate the required amortization for 2025 . Complete this question by entering your answers in the tabs below. Calculate the required amortization for 2025 .