Consider how Kyler Valley Spring Park Lodge could use capital budgeting to decide whether the $11,000,000 Spring 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 $ Requirement 2. Compute the average annual operating income from the expansion. The average annual operating income from the expansion is $ Data Table 121 skiers Number of additional skiers per day Average number of days per year that weather conditions 152 days 12 years 236 allow skiing at Kyler Valley Useful life of expansion (in years) Average cash spent by each sier per day Average variable cost af serving each skier per day Cost of expansion Discount rate 11,000,000 14% Assume that Kyler Valey uses the straight-line depreciation method and expects the lodge expansion to have a residual value of S500,000 at the end of its twelve-year life. Print Done