Which of the following are correct methods of computing the operating cash flow of a project assuming that the interest expense is equal to zero?

I. EBIT $+$ Depreciation $$ Taxes

II$.$ EBIT $$ Depreciation $+$ Taxes

III. Net Income $$ Depreciation

IV$.($Sales $$ Costs$)\backslash$times $(1$ Tax rate$)+$ Depreciation $\backslash$times Tax rate

Multiple Choice

II and III only

I, III, and IV only

I and III only

II and IV only

I and IV only