Consider how Star Valley, a popular ski resort, could use capital budgeting to decide whether the $10 million Waterfall Park Lodge expansion would be a good investment. (Click the icon to view the expansion estimates) (Click the icon to view the present value annuity factor table) (Click the icon to view the present value factor table.) (Click the icon to view the future value annuity factor table.) (Click the icon to view the future value factor table.) Read the requirements why not? Requirement 1. What is the project's NPV? Is the investment attractive? Why or Calculate the net present value of the expansion. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) Net present value of expansion $ - X i Data Table Assume that Star Valley's managers developed the following estimates concerning a planned expansion to its Waterfall Park Lodge (all numbers assumed): 122 Number of additional skiers per day. Average number of days per year that weather 162 conditions allow skiing at Star Valley 10 Useful life of expansion (in years). $ 244 Average cash spent by each skier per day $ 135 Average variable cost of serving each skier per day 10,000,000 Cost of expansion. 14% Discount rate. Assume that Star Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $900,000 at the end of its ten-year life. It has already calculated the average annual net cash inflow per year to be $2,154,276 EA