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What is the carrying value of the computer software on dec

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Reference no: EM132775103

Problem 1: DIG Inc. has developed computer software on January 1, 2020. It has a useful life of 5 years. The capitalizable cost of computer software is P2,000,000. The total sales of computer software for the five-year period is estimated at P20,000,000. In 2020, the total sales amounted to P5,000,000. What is the carrying value of the computer software on December 31, 2020?

Reference no: EM132775103

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