(requ Requirements Consider ho EEE (Click th (Click th (Click th Read the red Requiremen 1. What is the project's NPV? Is the investment attractive? Why or why not? 2. Assume the expansion has no residual value. What is the project's NPV? Is the investment still attractive? Why or why not? Print Done Calculate the net present value of the expansion. (Round your answer to the nearest whole dotar. Use parentheses of Not present value of expansion Data table (all numbers assumed) Number of additional skiers per day.... Average number of days per year that weather conditions allow skiing at Flint 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.... 125 104 9 237 $ 136 $ 8,500,000 12% Assume that Flint 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 nine-year lide. It has already calculated the average annual net cash inflow per year to be $2.070,500.