re-quirement 1. The followiag is an excerpt from a comvergation between two employees of Wxt Technologies, Waines. Sears and Stacy Moys. Nolan is the accounts payable clerk; and Stacy is the cashior. Nolan: Stacy, could I got your opinion on something? Stacy: Sure, Nolan. Nolan: Do you know Rita, the fixed assets clerk? Stacy: I know who she is, but I don't know her real well. Why? Nolan: Woil, I was taking to her at lunch last Monday about how she liked her job, You know, the usual; and she meationed something about having to keep two sets of books-one for taxes and one for the financiat statements. That can't be good accounting, can it? What do you think? Stacy: Two sets of books? It doesn't sound right. Nolan: It doesn't seem right to me either. I was always taught that you had to use generally accepted accounting principles. How can there be two sets of books? What can be the difference between thy two? How would you respond to Nolan and Stacy if you were Rita? Requirement 2: Please distinguish between the accounting for capital expenditures and revenue expenditures