Consider how Bretton Woods Ski Lodge could use capital budgeting to decide whether a $$10,000,000$ lodge expansion would be a good investment. Assume Bretton Woods Ski Lodge's managers developed the following estimates concerning the expansion:

View the estimates.

Read the requirements.

Requirement $1.$ Compute the average annual net cash inflow from the expansion.

Average annual net cash inflow from the expansion $=$

Requirements

Compute the average annual net cash inflow from the expansion.

$\backslash$table$[[$Number of additional skiers per day,$],[$Average number of days per year that weather conditions,$],[$allow skiing at Bretton Woods Ski Lodge,$115$ skiers$],[$Useful life of expansion $($in years$),148$ days$],[$Average cash spent by each skier per day,$12$ years$],[$Average variable cost of serving each skier per day,$235],[$Cost of expansion,$85],[$Discount rate,$10,000,000$