Vincent Vineyard, MD, is a very successful physician in Temecula, CA. He earns approximately $800,000 per year from his medical practice. His two children have graduated from college and he and his wife now live alone.

Assignment 2Vincent Vineyard, MD, is a very successful physician in Temecula, CA. He earns approximately $800,000 per year from his medical practice. His two children have graduated from college and he and his wife now live alone. Vincent Jr. is an officer in the Navy and his daughter Valerie is an engineer in Texas. Vincent has had an interest in wine and grape growing for many years. Now, with more time to devote to other activities, Vincent recently started a winery with an initial investment of $1 million. Since the winery is new, he expects it to take 8 to 10 years before the winery makes a profit. Vincent would like your advice as to any potential tax problems he might have with his new winery investment.Please answer the following questions:a. What additional information might you want in this situation?b. Where might that information come from?c. Are all the given facts pertinent? Which, if any, are irrelevant?d. What is the primary research question you would try to answer?e. Are there any additional research questions you want to address? Explain.

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