Consider how Kyler Valley Brook Park Lodge could use capital budgeting to decide whether the $11,000,000 Brook Park Lodge expansion would be a good investment. Assume Kyler Valley's managers developed the following estimates concerning the expansion: (Click the icon to view the estimates.) Read the requirements. Requirement 1. Compute the average annual net cash inflow from the expansion. The average annual net cash inflow from the expansion is 118 skiers 144 days 10 years Number of additional skiers per day Average number of days per year that weather conditions allow skiing at Kyler Valley Useful life of expansion (in years) Average cash spent by each skier per day Average variable cost of serving each skier per day Cost of expansion $ 240 80 11,000,000 Discount rate 10% Assume that Kyler Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $500,000 at the end of its ten-year life