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Cary begins, In recent years, Bobbin has seen increased interest in city dwellers getting a taste of farming. I have made some notes on the

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Cary begins, \"In recent years, Bobbin has seen increased interest in \"city dwellers\" getting a taste of farming. I have made some notes on the background of the company (Exhibit I). The family activities portion of our operations is growing and though Bobbin does not charge an entry fee, we have seen an increase in spending habits of those guests who visit the farm. To capitalize on this trend, we are considering opening a tea shop onsite (Exhibit II). However, I am wondering if we will have enough guests to visit the tea shop in order to make it profitable. \"In addition, Bobbin has seen considerable increases in the cost of electricity, which is a significant variable cost to the farm. 1 have obtained some information on purchasing a wind turbine to generate a supply of electricity to the farming operations (Exhibit III). We would only be interested in pursuing this option if the wind turbine is less expensive than our current electricity costs. \"I would like you to provide me with a report that analyzes each of these potential projects. Although our primary focus is on increasing income, I am also interested in any other opporttmities or challenges that we may face with each project. \"I also have some concerns about the revenue payments that we receive from Toby's (Exhibit IV) and I would like you to include in yom' report ways we can ensure these payments are accurate. As you know, our financial statements will be audited for the first time this year. Although I have already addressed the issues associated with a first time audit, I would like you to identify and make recommendations on any financial accounting issues that you identify before the auditors arrive. Although it will not impact this year's audit, please consider any financial accounting issues related to the new projects.\

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