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Business, 18.10.2019 01:30 princessroyal

Yellow co. spent $12,000,000 during the current year developing its new software package. of this amount, $4,000,000 was spent before it was at the application development stage and the package was only to be used internally. the package was completed during the year and is expected to have a 4-year useful life. yellow has a policy of taking a full-year’s amortization in the first year. after the development stage, $50,000 was spent on training employees to use the program. what amount should yellow report as an expense for the current year?

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Yellow co. spent $12,000,000 during the current year developing its new software package. of this am...
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