Your company is considering two projects and has estimated the following cash flows:

Year	Project A	Project B
0	-15,000	-20,000
1	10,000	10,000
2	10,000	18,000

1. If project B expands your manufacturing capacity by building a separate factory, what is the relevant cash flow for evaluating project B in year 2?

2. If project B replaces an existing factory (project A), what is the relevant cash flow for evaluating project B in year 2?

3. If project B replaces an existing factory (project A), what is the relevant cash flow for evaluating project B in year 0?