Question: Natick Industries leased high - tech instruments from Framingham Leasing on January 1 , 2 0 2 1 . Natick has the option to renew

Natick Industries leased high-tech instruments from Framingham Leasing on January 1,2021. Natick has the option to renew the lease at the end of two years for an additional three years. Natick is subject to a $45,000 penalty after two years if it fails to renew the lease. Framingham Leasing purchased the equipment from Waltham Machines at a cost of $398419

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