Consider how Steinback Valley Stream Park Lodge could use capital budgeting to decide whether the $11,500,000 Stream Park Lodge expansion would be a good investment. Assume Steinback Valley's managers developed the following estimates concerning the expansion: (Click the icon to view the estimates.) Read the requirements. Data table - X Requirement 1. Compute the average annual net cash inflow from the expansion. The average annual net cash inflow from the expansion is 2988216 Requirement 2. Compute the average annual operating income from the expansion. The average annual operating income from the expansion is Requirements 1. Compute the average annual net cash inflow from the expansion. 2. Compute the average annual operating income from the expansion. Print Done O X Number of additional skiers per day 121 skiers Average number of days per year that weather conditions 147 days allow skiing at Steinback Valley Useful life of expansion (in years) 10 years Average ca.. spent by each skier per day $ 245 Average variable cost of serving each skier per day 77 Cost of expansion 11,500,000 8% Discount rate Assume that Steinback Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $600,000 at the end of its ten-year life. Print Done