Which of the following are cash flows that Turnkey Systems Inc. forgoes as a result of accepting the project: consideration? (In general, these are the cash flows of the next-best alternative to the project.) Opportunity costs Externalities Sunk costs Which of the following factors should Turnkey Systems Inc. include in Its capital budgeting analysis? Check all that apply. Turnkey Systems Inc.'s preferred stock pays $150,000 in dividends each year. If the current project is accepted, sales in another of Turnkey Systems Inc.'s divisions for a competing product will decline. Turnkey Systems Inc. expects its accounts receivable to increase by $70,000 as a result of the project. Turnkey Systems Inc.'s replacement of an inefficient machine with a new, more efficient unit will reduce raw materials waste by $10,000 per year