Robertson Resorts is considering whether to expand its Pagosa Springs Lodge. The expansion will create 24 add The following estimates are available: Robertson uses straight-line depreciation and the lodge expansion will have a residual value $2,200,000. 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. (Future Value of \$1.Present Value of $1. Future Value Annuity of $1. Present Value Annuity of Note: Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round you nearest whole dollar amount