Which of the statements is CORRECT about estimating the projects incremental cash flows?

a. After-tax salvage value is always smaller than before-tax salvage value.

b. Within-firm cannibalization cost is generally not taken into consideration.

c. Any sunk cost that has been paid in the past related to the project should not be considered, unless it is a large loss and has negatively affected the companys profit.

d. New interest payment on a new debt incurred for the project should not be considered.

e. None of the above statements is correct.