Consider how Hunter Valley Snow Park Lodge could use capital budgeting to decide whether the $11,000,000 Snow Park Lodge expansion would be a good investment. Assume Hunter Valley's managers developed the following estimates concerning the expansion: (Click the icon to view the estimates.) (Click the icon to view additional information.) Data table More info Assume that Hunter Valley uses the straight-line depreciation method and expects the lodge expansion to have no residual value at the end of its seven-year life. The project's average annual net cash inflow per year is expected to be $2,714,756. Calculate the net present value of the expansion. (Enter the factor to three decimal places, X.XXX. Round your calculations to the nearest Whole doliar.) When the residual value is zero, the expansion is project because its NPV is