Which of the following should be considered when a company estimates the cash flows used to analyze a proposed project?

A$.$

The firm would borrow all the money used to finance the new project, and the interest on this debt would be $$1\mathrm{.}5$ million per year.

B$.$

The company spent and expensed $$10$ million on a marketing study before its current analysis regarding whether to accept or reject the project.

C$.$

Since the firm's director of capital budgeting spent some of her time last year to evaluate the new project, a portion of her salary for that year should be charged to the project's initial cost.

D$.$

The new project is expected to reduce sales of one of the company's existing products by $5\%.$

E$.$

The company has spent and expensed $$1$ million on R&D associated with the new project.