Consider how Flint Valley, a popular ski resort, could use capital budgeting to decide whether the 59.5 million Autumn ParkAssume that Flint Va ey uses the straigh-line depreciation iethod and expects the lodge exparision to have a residual value Lodge expansion would be a good investment. of $B00,000 at the ed of its ten-year life. (Click the icon to view the expansion estimates.) Read the reuirements Requirement 1. Compute the average annual net cash infow from the expansion. First enter the formula, then compute the average annual net cash inflow fram the expansion. (Round your answer to thenearest dollar.) Average annual net cash inflow Data Table Assume that Flint Val ey's managers developed the following estimates 1. 2. Compute the average annual net cash inflow from the expansion. Compute the average annual operating income from the expansion. concerning a planned expansion to its Autumn Park Lodge (all numbers assumed): Number of additional skiers per day Average 3. Compute the payback period. 118 4. Compute the ARR. number of days per year t hat weather conditions allow akiing at Flint Valey Useful life of expansion (in years) Average cash spent by each skier per day Average variable cost of serving each akier per day... $ Cost of expansion. Discount rate 163 10 243 131 $ 9,500,000 14% Print Done Print Done Choose from any list or ent