Consider how Flint Valley, a popular ski resort, could use capital budgeting to decide whether the $9 million Snow Park Lodge expansion would be a good investment. (Click the icon to view the expansion estimates.) Assume that Flint Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $700,000 at the end of its nine-year life. Read the requirements. Data table Consider how Flint Valley, a popular ski resort, could use capital budgeting to decide whether the $9 million Snow Park Lodge expansion would be a good investment. (Click the icon to view the expansion estimates.) Assume that Flint Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $700,000 at the end of its nine-year life. Read the requirements. Data table