Consider how Bear Valley, a popular shi resort, could use capital budgeting to decide whether the $8 milion Snow Park Lodge expansion would be a good investment. Assume that Bear Valley uses the straight-ine depreciation method and (Click the icon to view the expansion estimates) expects the lodge expanalon to have a residual value of 5700,000 at the end of its eight-year life Read the tequirements Requirement 1. Compute the average annual net cash infiow from the expansion. Firbt enter the formula, then compule the average annual net cash intlow from the expansion. (Round your answor to the noareot dollar.) Data table 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. Consider how Bear Valley, a popular shi resort, could use capital budgeting to decide whether the $8 milion Snow Park Lodge expansion would be a good investment. Assume that Bear Valley uses the straight-ine depreciation method and (Click the icon to view the expansion estimates) expects the lodge expanalon to have a residual value of 5700,000 at the end of its eight-year life Read the tequirements Requirement 1. Compute the average annual net cash infiow from the expansion. Firbt enter the formula, then compule the average annual net cash intlow from the expansion. (Round your answor to the noareot dollar.) Data table 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