conder how Cole Valley Waterfall Park Lodge could use caphed budorting to decide whether the $12.000.000 Waterto Park Lope expansion would be a pod retent. Astma Cola Valley's managers developed the following estimates concerning the expansion m (Click the icon to view the estimate) Assume that Colo Valley uses the straight line depreciation method and expects the lodge expansion to have a residual value of $1.000.000 at the end of a ten years. The manager operating income from the expansion is $1,502,224 and the depreciation has been calculated a $1,100,000 Calculate the ARR. Round to two decimal places ARR -X Data Table 114 km 144 days 10 year Number of additional skiers per day Average number of days per year that weather conditions allow skiing at Cole Valley Useful life of expansion in years) Average cash spent by each skler per day Average variable cost of serving each skler per day Cost of expansion Discount rate $ 2240 76 12,000,000 0% Print Done Ced Final Check P Pearson