his initial plan are to lease a nearby building to use as a winery
processing grapes
fermentation
aging of his wine
aging
however
I hopes some day to build his own winery and agreed to lease the building for 10 years at
thus will only plant on four acres of land
thus
it is estimated that the building is worth 32000 and has a 30year economic life
worth
the lease contract Mike signed did not mention any bargain purchase option or that Mike might assume ownership of the leased building
contract
signed
did not mention
mention
bargain
option
might assume ownership of the leased building
assume