Consider how Hope Valley, a popular ski resort, could use capital budgeting to decide whether the $8 million River Park Lodge expansion would be a good investment. F: (Click the icon to view the expansion estimates.) Assume that Hope Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $850,000 at the end of its nine-year life. Read the requirements. Data Table 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 neare Average annual = net cash inflow Assume that Hope Valley's managers developed the following estimates concerning a planned expansion to its River Park Lodge (all numbers assumed): Number of additional skiers per day. 121 Average number of days per year that weather conditions allow skiing at Hope Valley ... 164 Useful life of expansion (in years) 9 Average cash spent by each skier per day. 240 Average variable cost of serving each skier per day . $ 146 Cost of expansion... $ 8,000,000 Discount rate...... 12% Choose from any list or enter any number in the input fields and then click Check Answer. Consider how Hope Valley, a popular ski resort, could use capital budgeting to decide whether the $8 million River Park Lodge expansion would be a good investment. E: (Click the icon to view the expansion estimates.) Assume that Hope Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $850,000 at the end of its nine-year life. 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 dollar.) Average annual net cash inflow - X Requirements 1. Compute the average annual net cash inflow from the expansion 2. Compute the average annual operating income from the expansion. 3. Compute the payback period 4. Compute the ARR. Choose from any list or enter any