Consider how Preston Valley Watertall Paxk Lodge could use capital budgeting to decide whether the (Click the ison to view Prosent vatue of $1 tible) $12,500,000 Watertal Pakk Lodgo expansion would be a good investmont Assume Preston Valley's manogers developed the tolowing estimates concering the expansion: (Click the icon to view Present Watue of Ondinary Arnuity of 51 table) [Ciok the ioon to vew the mastines) What is the propers NPV round so neaved dollar? is the imvelteet atractive? Why of [Clok the icon to viw adoisonal information) why ne? Calculate the net present value of the expansion. [Enter amy bctor amounts to three docimal ploces. X.30x. Round to the nearest whote dollar:] Data table More info Assume that Presicn valey uses the straighalese ovgroialon mwthod and expects the lodge empansien to have a resisial value of 5600,000 at the end of its ton-year 14e. They have altody calculated the average annual net cash infow per year is be $2.753.24 Reference Reference