Consider how Mcknight Valley Wateriall Park Lodge could use capital budgeting to decide whether the $11,000,000 Waterfall Park Lodge expansion would be a good investment. Assume Mcknight Valley's managers developed the following estimates concerning the expansion: E (Click the Assume that N i Data Table residual value to have a $1,800,760 ar xpansion is Calculate the 121 skiers Number of additional skiers per day Average number of days per year that weather conditions allow skiing at McKnight 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 Discount rate 152 days 10 years 238 83 11,000,000 10% Print Done Choose from any list or enter any number in the input fields and then continue to the next question. mp4 B Consider how Mcknight Valley Waterfall Park Lodge could use capital budgeting to decide whether the $11,000,000 Waterfall Park Lodge expansion would be a good investment. Assume Mcknight Valley's managers developed the following estimates concerning the expansion: Click the icon to view the estimates.) Assume that McKnight 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. The average annual operating income from the expansion is $1,800,760 and the depreciation has been calculated as $1,050,000. Calculate the ARR. Round to two decimal places. ARR Choose from any list or enter any number in the input fields and then continue to the next