esidual value of $850,000 at the end of its ten-year life. The average annual operating incor Data Table 116 skiers 150 days 10 years Number of additional skiers per day Average number of days per year that weather conditions allow skiing at Kyler Valley Useful life of expansion (in years) Average cash spent by each skier per day Average variable cost of serving each skier per day Cost of expansion Discount rate 243 84 11,500,000 8% Print Done Consider how yer Valley Spring Park Lodge could be capital budgeting de er he 311.600.000 Sampe Cod pasion be a wide rent Anky Voley's managers telepedett males concerning the expansion Can we the Amethyer way as the low deprecation memod and expect the departen to have a resideve 20.000 end of the year the permaling home on the emple 117010 wnd the depreciation has been cas 106.000 CatheARA Round to two decimal places ARA Consider bow Kyler Valley tipes Park Lodge count in capital budging to decide whether or 511.500,000 pg Pad Lodge expansion would be good news they manager de wed the label les concerning the expansion m Click the lion to view the estimates Assume that Kymer Valley unes the straight line depreciation method and opera the Indgesproken to have a realidad Vale of fast,000 at the end of the length. The average animuat operating income from the expansion 51,701,600 and the depreciation has been calculated as $1065.000 Calculate the ARR Round to two decimal places