Amenity Hotels inc. is considering the construction of a new hotel for 564 million. The expected life of the hotel is 8 years with no residual value. The hotel is expected to earn revenues of $19 million per year. Total expenses, including depreciation, are expected to be $14 million per year. Amenity Hotels" management has set a minimum acceptable rate of return of 10%. a. Determine the equal annual net cash flows from operating the hotel, Enter your answer in million. Round your answer to two decimal places. miilion Present Value of an Annulty of $1 at Compound Intereat b. Compute the net giresent vilue of the new hotel, using the preient value of an annuity of 11 table above. Round to the nearest million doltark. If requirech, use che minus sigh to indicute a negativen net preseot value. Net pretent value of hotel project: 3 million c. Does rou anaina zupport conatruction of the new hotel? becuute the net present value is