Consider how Clare Valley, a popular ski resort, could use capital budgeting to decide whether the $8.5 million Autumn Park Lodge expe good investment (CA the lon Requirement 1. Compute the average annual cash inflow from the expansion. (Round your answer t Average net cash infow Assume that Clare Valley u the straight line depreciation method a Read t Requirement 2. Compute the average annual operating income from the expansion First enter the formula, then compute the average annual operating income from the expansion, (Round your answer to the nearest dollar.) Average annual operating Income from asse Requirement 3. Compute the payback period. First enter the formule, then compute the payback period. (Enter amounts in dollars, not millions. Round your answer to two decimal places.) Requirement 4. Compute the ARR. Payback period years First enter the formula, then compute the accounting rate of retum (Enter amounts in dollars, not millions. Enter your answer as a percent rounded to two decimal places.)