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Consider how Jones Valiey Beock Park Lodge cevid use capital budgeting to decide whetier the $19,500,000 Brock. Park Lodge expantion would te a good itreestment.

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Consider how Jones Valiey Beock Park Lodge cevid use capital budgeting to decide whetier the $19,500,000 Brock. Park Lodge expantion would te a good itreestment. Aesume Jones Valley'! Tranagers deweloped the following estimates cencerning the exparsian. (Cilck the ican to vow the estimafes.) (Chick the leon io view adeitioral indomation.) Data table Jones Valley Brook Park Lodge could use capital budgeting to decide whether the Brook Park Lodge expansion would be a good investment. Assume Jones Valley's reloped the following estimates concerning the expansion: icon to view the estimates.) icon to view additional information.) More info Assume that Jones Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $950,000 at the end of its ten-year life. They have already calculated the average annual net cash inflow per year to be $2,750,136. Calculate the net present value of the expansion. (Enter any factor amounts to three decimal places, X. XXX. Round to the neares

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