Are the following cash flows IRRELEVANT to a proposed project valuation? - Annual depreciation of the production equipment that would need to be purchased if the proposed project is accepted - Money paid to local consultants to make projections for future sales revenues of the proposed project - Expenditures made last month on upgrading delivery trucks that the managers are now considering using for the proposed project - Wages that would be paid every year to the employees who would be working on the proposed project - Coupon payments on bonds that would be issued to borrow $ for the initial investment