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Because the costs and other details associated with a Chippy robot are not available, let's...

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Accounting

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Because the costs and other details associated with a Chippy robot are not available, let's make some assumptions. Let's say that a Chippy robot costs $14,800 and is expected to last five years. Sales tax on the purchase is $1,184. The transportation costs to get a Chippy robot from the factory to Chipotle is $475. Installation costs per robot are estimated to be $600. Assume that annual maintenance on one Chippy robot is $1,300 per year. What is the total cost of a Chippy robot that will be capitalized and recorded as a plant asset? A. $17,059 B. $14,800 C. $18,359 D. $15,984

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