Consider how Kyler Valley Spring Park Lodge could use capital budgeting to decide whether the $12,000,000 Spring Park Lodge expansion would be a good investment Assume Kyler Valley's managers developed the following estimates concerning the expansion (the loon to view the estimates) Assume that Kyler Valley uses the straight line depreciation method and expects the lodge expansion to have a residual value of $850,000 at the end of its eight year life. The average annual net cash inflow from the expansion is expected to be $2,890,755. Compute the payback for the expansion project. Round to one decimal place. = Payback years