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Part $1$

Incremental cash flows from a project$=$

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Part $1$

A$.$

Firm cash flows with the project minus firm cash flows without the project.

B$.$

Firm cash flows without the project plus or minus changes in net income.

C$.$

Firm cash flows without the project plus or minus changes in revenue with the project.

D$.$

Firm cash flows with the project plus firm cash flows without the project.