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Question Help Consider how Flint Valley, a popular ski resort, could use capital budgeting to decide whether the $9.5 million Autumn Park Lodge expansion would be a good investment (Click the icon to view the expansion estimates.) sni Assume that Flint Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $800,000 at the end of its ten-year life Read the requirements y Requirement 1. Compute the average annual net cash inflow from the expansion alts First enter the formula, then compute the average annual net cash inflow from the expansion (Round your answer to the nearest dollar.) 30 Average annual net cash inflow um esort, could use capital budgeting to ark Lodge expansion would be a good Assume that Flint Valley uses the straigh the lodge expansion to have a residual va ten-vear life. i Data Table - X Assume that Flint Valley's managers developed the following estimates concerning a planned expansion to its Autumn Park Lodge (all numbers assumed): res 121 159 Number of additional skiers per day. Average number of days per year that weather conditions allow skiing at Flint Valley Useful life of expansion (in years). Average cash spent by each skier per day Average variable cost of serving each skier per day Cost of expansion Discount rate. 10 $ 245 $ 134 $ 9.500.000 12% Print Done umber in the input fields and then click Check Answer. esort, could use capital budgeting to ark Lodge expansion would be a good Assume that Flint Valley uses the straigh the lodge expansion to have a residual va ten-year life. estimates.) Read the requirements. equirements. annual net cash inflow from the expansion. - Requirements 1. Compute the average annual net cash inflow from the expansion. 2. Compute the average annual operating income from the expansion. 3. Compute the payback period. 4. Compute the ARR. Print Done