You're preparing to turn your part-time interest in woodworking into a full-time enterprise by creating bespoke kitchen cabinets. You are aware that you will need to switch from the consumer-grade machinery you currently use to industrial-grade machinery in order to produce top-notch cabinets. Although the new equipment will be significantly more expensive, it should endure for decades if taken care of, and you intend to remain in business for at least 20 years. Which financing option would you pick if the total costs of buying the equipment outright and leasing it were about equal? Why?