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Computer Software Developed For Internal Use
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2011
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| Computer Software Developed For Internal Use |
NOTE 5 – COMPUTER SOFTWARE DEVELOPED FOR INTERNAL USE
Version 3 of the Company’s “On Site Physical Inventory” (OSPI) product is currently under development and has been released. The Company has capitalized the cost of the OSPI software using FASB Accounting Standards Codifications 350-40 “Internal Use Software” as follows:
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