DevCo is developing software for internal use. The following costs were incurred:<br/>1. Evaluation of alternatives: $20,000<br/>2. Coding and testing: $150,000<br/>3. Data conversion costs: $30,000<br/>4. Training employees: $15,000<br/>5. Maintenance fees: $10,000<br/><br/>According to ASC 350-40, what amount should be capitalized?

ASC 350-40 requires capitalization of costs incurred during the application development stage (coding, testing). <br/>- Evaluation (Preliminary Project Stage): Expense.<br/>- Coding/Testing (App Development): Capitalize ($150,000).<br/>- Data Conversion: Expense (unless building bridges/interfaces, but general conversion is expense).<br/>- Training: Expense.<br/>- Maintenance: Expense.