Robertson Resorts is considering whether to expand its Pagosa Springs Lodge. The expansion will create 24 additional rooms for rent. The following estimates are available: Cost of expansion Discount rate Useful life Annual rental income. Annual operating expenses $ 3,090,000 10% 20 $2,100,000 $ 1,650,000 Robertson uses straight-line depreciation and the lodge expansion will have a residual value $2,680,000. Required: 1. Calculate the annual net operating income from the expansion 2. Calculate the annual net cash inflow from the expansion/ 3. Calculate the ARR. Note: Round your answer to 2 decimal places. 4. Calculate the payback period. Note: Round your answer to 1 decimal place. 5. Calculate the NPV (Euture Value of $1.Present Value of $1. Euture Value Annulty of $1. Present Value Annuity of $1) Note: Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round your final answer to nearest whole dollar amount.