Your answer: Question 2 (CHAPTER 10) TRUE OR FALSE? The following cash flows are relevant to proposed project valuation: 1. Annual depreciation of the production equipment that would need to be purchased if the proposed project is accepted 2. Money paid last week to local consultants to make projections for future sales revenues of the proposed projects 3. Expenditures made last month on upgrading delivery trucks that the managers are now considering using for the proposed project 4. Wages that would be paid every year to the employees who would be working on the proposed project 5. Coupon payments on bonds that would be issued to raise $$ for the initial investment