Chlpotle s test ktchen in Irine, Calfornla, is currently testing Chippy. Chlpote plans to test Chippy in a restaurant in Caltomla later this year. Depending on the resuits of testing, Chipotle may rol out Chlppy across the U.S. appropriste cooking time for chicken tenders and tater tois. Buffei o Wild Wings uses Flippy Vings, which was designed to fry chicken wings. from the factory to Chipotle is $500. Installalion costs per robol are estimaled to be $700. Assume that annual maintenarice on one Chippy robat is $1,200 per year. Soe the following tutori3l video on capitalizing versus expensing expenditures and then answer the questions following the video. (You can also access the video at this linis.) Capitallis va Expense: Baslc Accounting Questions and Tasks to complete for a grade: 1. What is the ostal cost of a Chippy, robot that wil be capitalized and recertied as a plant assel? Show youe math. 7 On what financial statement would the chipay robat plant asset be found? 3. Should the annual maintenance costs of a Chippy robot be capitallzed or expensed? Why? (use the textbook to support your answer) 4. On what financlal statement would the annual malntenence costs of a Chlppy rotot be found? 5. Respond to one other persori's post Do more that say "rice job" or any form of one liner agreement...no points for that