Projected free cash flows for a proposed project should

$1.$exclude the cost of employing existing assets that could be sold anyway.

$2.$exclude interest expense.

$3.$include the depreciation tax shield related to the project.

$4.$exclude any required increase in operating current assets.

Group of answer choices

$1$ and $2$ only

$2$ and $3$ only

$1,2,3,$ and $4$

$1,3,$ and $4$ only

$2$ and $4$ only