Actually, it's most likely that software development is capitalized and amortized over the life of the product (GAAP standard is typically 3 years). Basically,

Actually, it's most likely that software development is capitalized and amortized over the life of the product (GAAP standard is typically 3 years). Basically, accounting rules allow you to spread the cost of software developers over a few years, so the impact of 34 employees (assuming they are all developers) may only be in the $25-35k/each range