Data table Assume that Flint Valley's managers developed the following estimates concerning a planned expansion to its River Park Lodge (all numbers assumed): Number of additional skiers per day 119 Average number of days per year that weather conditions allow skiing at Flint Valley 163 Useful life of expansion (in years) Average cash spent by each skier per day. 8 Average variable cost of serving each skier per day . $ 235 Cost of expansion 134 Discount rate 14% Assume that Flint Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $800,000 at the end of its eight-year life. It has already calculated the average annual net cash inflow per year to be $1,959,097. Print Done Requirements 1. What is the project's NPV? Is the investment attractive? Why or why not? 2. Assume the expansion has no residual value. What is the project's NPV? Is the investment still attractive? Why or why not? Consider how Flint Valley, a popular ski resort, could use caplal budgeting to decide whether the $3.5 million River Park Lodge expansion would be a good investment. [Click the icon to view the exparsion estimutos?] (Click the icon to view the present value anncisy tactor tabla) (Click the icon to view the present value factor table.) (Click the icon to view the future value anfuly factor tatile.) (Click the icon to viow the future value factor table.) Foad the tequirements. Requirement 1. What is the projects NPV? is the investrent attractive? Why or why not? Caiculaile the net present value of the expansion. (Round your answor to the neocest whole dollar Use parontheses or a minus sign for a negaeve net present value.) Net presenk value of expantion