Sven enters into a joint operation with 40% share of an olive orchard on January 1, 2018. It was agreed that no separate entity would be set up under the joint operation, and assets, liabilities, revenues and costs would be apportioned on the basis of the shareholding.The orchard cost $10 million. It also cost $15 million to set up the nets and tree vibrators to harvest the olives, for the washing machines to separate the olives from leaves, dirt and twigs, for the motorized mixing and hydraulic