1. You need to decide whether to invest in a new plant. Which of the following should be treated as incremental cash flows? The firm already owns the site, but existing buildings would need to be demolished. a) The market value of the site and existing buildings. b) Demolitions costs and site clearance. c) The cost of a new access road put in last year d) Lost earnings on other products due to executive time spent on the new facility e) A proportion of the cost of leasing the president's jet airplane. f) Future depreciation of the new plant. g) The reduction in the firm's tax bill resulting from tax depreciation of the new plant. h) The initial investment in inventories of raw materials. Money already spent on the engineering design of the new plant