Now consider that to qualify for the grant, the government is interested in learning more about the net social/economic impact of this project. To do so, you need to follow the steps below, building on what you have now completed in Part IV of the case: 1- Remove transfers (the grant is just a transfer) 2- Reflect values in non-competitive markets (energy and vegetable in this case are non-competitive markets) 3- Take the distortions out in competitive markets (parts and fuel) 4- Add non-market values (ecosystem service impact: reduction in emissions) We start with financial analysis and increment the model to develop an economic resource flow statement and statement of externalities