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:

Robertson uses straight$-$line depreciation and the lodge expansion will have a residual value $$2,720,000.$

Required:

Calculate the annual net operating income from the expansion.

Calculate the annual net cash inflow from the expansion.

Calculate the ARR.

Note: Round your answer to $2$ decimal places.

Calculate the payback period.

Note: Round your answer to $1$ decimal place.

Calculate the NPV$.($Future Value of $$1,$ Present Value of $$1,$ Future Value Annuity 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.