onsider how Hunter Valley Snow Park Lodge could uso capital budgeting to decide whether the $11,000,000 Snow Park Lodge expansion would be a good investment. Assume Hunter Valley's anagers developed the following estimates concerning the expansion: (1) (Cick the icon to viow the estimates.) ssume that Humer Valley uses the straight-ine dopreciation method and expects the lodge expansion to have a residual value of $600,000 at the end of its saven-year Ife. The average annual net ish inflow trom the exparision is expected to be $2,714,756. ompute the payback for the expansion project. Round to one decimal place. Data table