please answer

2. (20 pts.) Green Valley Lodges owns an economy motel chain and is considering building a new 200-unit motel. The cost to build the motel is estimated at $15,000,000; Value Lodges estimates furnishings for the motel will cost an additional $800,000 and will require replacement every 5 years. Annual operating and maintenance costs for the motel are estimated to be $500,000. The average rental rate for a unit is anticipated to be $40/day. Value Lodges expects the motel to have a life of 15 years and a salvage value of $600,000 at the end of 15 years. This estimated salvage value assumes that the furnishings are not new. Furnishings have no salvage value at the end of each 5- year replacement interval. Assuming average daily occupancy percentages of 30 percent, 50 percent, 70 percent, and 80 percent for years 1 through 4, respectively, and 80 percent for the fifth through fifteenth years, MARR of 12 percent/year, 365 operating days/year, and ignoring the cost of land, should the motel be built? Draw net cash flow diagram. Base your decision on a present worth analysis. Create tabulated cash flow structure for costs, revenues, and net cash flows, then finalize your recommendation with a PW analysis