Robertson Resorts is considering whether to expand its Pagosa Springs Lodge. The expansion will create 24 additional rooms for rent. The following estimates are avallable: Robertson uses straight-line depreciation and the lodge expansion will have a residual value $2,480,000. Required: 1. Calculate the annual net operating income from the expansion. 2. Calculate the annual net cash infiow 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. (Eviure Value of S1. Present Youe of \$1. Euture Value Annuity of S1, Present Yolue Annulity of S1.) Note: Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round your final answer to nearest whole doliar amount