Consider how White Valley Spring Park Lodge could use capital budgeting to decide whether the $$13,000,000$ Spring Park Lodge expansion would be a good investment. Assume White Valley's managers developed the following estimates concerning the expansion:

$($Click the icon to view the estimates.$)$

$3.($Click the ioon to view additional information.$)$

Elick the icon to view Present Value of $$1$ table.$)$

Elick 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?

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Calculate the net present value of the expansion. $($Enter the factor to three decimal places, XXXX$.$ Round your calculations to the nearest whole dollar.$)$

$\backslash$table$[[$Years$,,\backslash$table$[[$Net Cash$],[$Inflow$]],\backslash$table$[[$Annuity PV Factor$],[)=12\%,n=(9$