i Data Table 122 skiers 143 days 8 years Number of additional skiers per day Average number of days per year that weather conditions allow skiing at Cole 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 $ 242 80 12,500,000 8% Assume that Cole Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $1,000,000 at the end of its eight-year life. Print Done Consider how Cole Valley Stream Park Lodge could use capital budgeting to decide whether the $12,500,000 Stream Park Lodge expansion would be a good investment. Assume Cole Valley's managers developed the following estimates concerning the expansion: Click the icon to view the estimates.) Read the requirements. Requirement 1. Compute the average annual net cash inflow from the expansion The average annual net cash inflow from the expansion is $ Requirement 2. Compute the average annual operating income from the expansion The average annual operating income from the expansion is $