Please answer all of the 4 requirements.

Consider how Pine Valley, a popular ski resort, could use capital budgeting to decide whether the $8.5 million Stream Park Lodge expansion would be a good investment. B. (Click the icon to view the expansion estimates.) Assume that Pine Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $500,000 at the end of its ten-year life. Read the requirements. Requirement 1. Compute the average annual net cash inflow from the expansion. First enter the formula, then compute the average annual net cash inflow from the expansion. (Round your answer to the nearest dollar.) Average annual net cash inflow i Data Table Assume that Pine Valley's managers developed the following estimates concerning a planned expansion to its Stream Park Lodge (all numbers assumed): 119 157 Number of additional skiers per day..... Average number of days per year that weather conditions allow skiing at Pine 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 10 237 134 0,500, 8,500,000 10% Requirements 1. air + Compute the average annual net cash inflow from the expansion. Compute the average annual operating income from the expansion. Compute the payback period. Compute the ARR. 4