Eugex plc is a company that grows and sells vegetables with a financial year-end on 31st December. Recently, it has entered into two leasing agreements for two items of automated equipment for vegetable processing. On 1st July 2019, Eugex plc has leased a box filler from Ernst Plc for sixteen months. It has a market value of 4,000 with an estimated useful life of five years. The lease agreement can be terminated by either party giving a