Consider how White Valoy Spring Park Lodge could use capital budgeeing to decido whether the $13,000,000 Spring Park Lodge texpansion would be a good imvestment. Assume White Vaboy't managans devilopod the following estimates conceming the expansion (Cick the icen to vew the estinates.) (Cick the icon to view additionali information.) What is the projects NPV (round to ngarest dolari? in the investmont attroctive? Why or why not? Calowate the net present value of the expantion. (Enter any lactor amounts to Eree decimal blacen: xx. Raound in tha naaiant whole dobar). Data table Calculate the net presen est whole dolla More info Assume that White Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $750,000 at the end of its eight-year life. They have aiready calculated the average annual net cash inflow per year to be $2,772,864. Reference 31 table.) Drtinary Annuity of 51 to Reference