Robertson Resorts is considering whether to expand its Pagosa Springs Lodge. The expansion will create 24 additionat rooms for rent. The following estimates are available: Cost of expansion Discount rate Useful ife Annual rental income Annual operating expenses \& 3,130,609 94 \$ 2,200,2000 \$ 1,750,000 Robertson uses straight-line depreciation and the lodge expansion will have a residual value $2760.000. 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 ploce. 5. Calculate the NPV. (Future Value of \$1. Present Value of S1. Euture Value Annulival S1. Present Value Annulty of S1) Note: Use oppropriate factor(s) from the tables provided. Do not round intermediate calculations. Round your final answer to neorest whole dollar amount