Consider how Rouse Valley River Park Lodge could use capital budgeting to decide whether the $11,000,000 River Park Lodge expansion would be a good investment. Assume Rouse Valley's managers developed the following estimates concerning the expansion: (Click the icon to view Present Value of $1 table.) (Click the icon to view the estimates.) (Click the icon to view Present Value of Ordinary Annuity of \$1 table.) (Click the icon to view additional information.) What is the project's NPV (round to nearest dollar)? Is the investment attractive? Why or why not? (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) What is the project's NPV (round to nearest dollar)? Is the investment attractive? Why or why not? More info Assume that Rouse Valley uses the straight-line depreciation method and expects the lodge expansion to have no residual value at the end of its eight-year life. The project's average annual net cash inflow per year is expected to be $2,754,240. Reference Reference