B. Deciding Whether to Lease or Buy Land You are considering the decision to lease or buy some land. To do that, you need to calculate a number of items, including share rent payments, maximum cash rent you could pay, what the value of the land is, the cash flow implications and possibly other items. This assignment provides a progression through these sorts of calculations and decisions. Part 1. Analyzing Crop Share and Cash Leases (21 points) You've got information from the last 3 years of crop production on land that you own and you want to use that to determine what a 50-50 crop share lease would have cost you versus the cash rent price. Use the information in the table below to complete the table. Assume there is an equal number of corn and soybean acres. Replace each instance of "XXX" with a calculation, as indicated on the document. Item Average Selling Price ($/bu) Average Yield (bu/acre) Gross Income for Page 3 of 5 enterprise ($/acre) Avg Gross for Crops Landowner share of gross income Value