) Large Mart is currently using its own engineers and equipmentto build the machinery for a new factory in Armidale in whichtablet computers will be produced. Last week, the director of LargeMart’s engineering department (who usually works in Sydney)travelled (by car) from Sydney to Brisbane to attend a conference.On his way to the conference he stopped in Armidale to visit theteam that is building the machinery for the new factory. During hisvisit to Armidale he completed a tour of the construction side andgave an interview to the local newspaper about the factory’s futurebenefits to the Armidale economy. The director of Large Mart’sengineering department has contacted the CFO to request that theexpenditure associated with his trip between Sydney and Armidaleshould be included in the cost of the new machinery (he argues theexpenditure should be capitalised) because he believes that thecost of the his trip are directly attributable to the constructionof the factory. The CFO is not sure if the travel expenditure ofthe director of Large Mart’s engineering department can becapitalised and has asked you to research the following points. a)Provide a detailed outline of the requirements that must befulfilled before any expenditure associated with the machinery forthe new factory can be capitalised. b) Discuss whether or not thetravel costs that the director of Large Mart’s engineeringdepartment incurred for his trip between Sydney and Armidale meetthe requirements that you have identified in part a of thisquestion.