Consider how Jones Valley Waterfall Park Lodge could use capital budgeting to decide whether the $12,500,000 Waterfall Park Lodge expansidn would be a good investment. Assume Jones Valley's managers developed the following estimates concerning the expansion: (Click the loon to view the estimates.) (Click the loon to view additional information.). (Click the icon to view Present Value of $1 table) (Click the icon to view Present Value of Ordinary Annuity of $1 table) What is the project's NPV (round to nearest dollar)? Is the investment attractive? Why or why not Calculate the net present value of the expansion. (Enter any factor amounts to three decimal places, XXOOK. Round to the nearest whole dolar) Net Cash Years Years 1-8 Inflow Present value of annuity 2984520 Year 8 Present value of residual value 1000000 Total PV of cash inflows Year 0 Initial investment Annuity PV Factor PV Factor (-12% 8) (+12%, 8) 12.210 Present Value 36440989 12500000 Not present value of expansion