Lord of the Fries is a fast-food restaurant in London. It is thinking about purchasing a newdeep fry

Lord of the Fries is a fast-food restaurant in London. It is thinking about purchasing a newdeep fryer and needs your help in determining what costs can be capitalized and what costsmust be expensed.Purchase / Contract price Capitalize ExpenseMaintenance costs Capitalize ExpenseDelivery costs Capitalize ExpenseDelivery man’s (assume that Lord of Capitalize ExpenseThe Fries is paying for this)Insurance on deep fryer Capitalize ExpenseInstallation costs Capitalize ExpenseCEO’s Salary for Consultation on Equipment Capitalize

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