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2. Now think about the other cash flows associated with Stage 1. a. It Stage 1 is undertaken, what would the R&D cash flows be

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2. Now think about the other cash flows associated with Stage 1. a. It Stage 1 is undertaken, what would the R&D cash flows be for 2017 through 2021? b. Should any R&D cash flow for 2013 be included in the Stage 1 analysis? Explain. c. Describe how salvage values are taxed. Use the building's salvage value to illustrate your answer. d. Complete the project's cash flow statement by filling in the blanks in Table 2

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