a) Bowers purchased the building in which their corporate office is housed on 1/1/23 for $6,500,000. They put down $1,300,000 cash and had to borrow the remaining amount at 8% over a 20-year term. At the time of the purchase, they had the option to lease the building. The 20-year lease would begin on 1/1/23 and called for annual payments of $450,000 beginning on 12/31/23 for the first 10 years and payments of $400,000 beginning on 12/31/33 for the remaining 10 years of the lease. Brock had the option to purchase the building for $1 on December 31, 2042, at the end of the lease. Did the CFO make the right decision by purchasing the building? Why or why not? Show your work.