Consider how Golden Valley, a popular ski resort, could use capital budgeting to decide whether the $8 million Assume that Golden Valley uses the straight-line depreciation method and expects the lodge expension to Stream Park Lodge expansion would be a good irvestrment. have a residual value of $500,000 at the end of its ten-year life. (Click the icon to view the expansion estimates.) Read the Consider how Golden Valley, a popular ski resort, could use capital budgeting to decide whether the $8 million Assume that Golden Valley uses the straight-line depreciation method and expects the lodge expansion to Stream Park Lodge expansion would be a good investment. have a residual value of $500,000 at the end of its ten-year life. 'Click the icon to view the expansion estimates.) Read the requirements. Requirement 1. Compute the average annual net cash inflow from the expansion. First enter the formula, then compute the average annual net cash inflow from the expansion. (Round your answer to the nearest collar.) Requirement 2. Compute the average annual operating income from the expansion. First enter the forrula, then compute the average annual operating income from the expansion. (Round your answer to the nearest dollar.) Requirement 3. Compute the payback period. First enter the formula, then compute the payback period. (Enter amounts in dollars, not millions. Round your answer to two decimal places.) ]=Paybackperiod1=years Requirement 4. Compute the ARR. First enter the formula, then compute the accounting rate of return. (Enter amounts in dollars, not millions. Enter your answer as a percent rounded to two decimal places.)