would be expansion Park Lodge Stream the $12.000.000 Consider how Maknight Valley Stream Park Lodge could use capital budgeting to decide whether nvestment. Assume McKnight Valley's managers developed the following estimates conceming the expansion (Click the icon to view the estimates.) Read the equirements Requirement 1. Compute the average annual net cash inow from the expansion The average annual net cash inflowfromthe expansion is s lley Stream Park Lodge could use capital budgeting to decide whether the $12.000,000 Stream Park Lodge e ght Valley's managers developed the following estimates conceming the expansion: the estim Data Table e th avera 122 skiers Number of additional skiers per day Average number of days per year that weather conditions cash 147 days 8 years 235 75 12,000,000 14% allow skiing at McKnight Valley Useful life of expansion (in years) Average cash spent by each skier per day Average variable cost of serving each skier per day Cost of expansion Discount rate Assume that McKnight Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of 5950.000 at the end of its eight-year life Print Done the edit fields and then click Check Answer Clear Al rt Accounting S ing2015-SouLa e Carras a based on Nober Hornt en, Francal & Managerial Account ng Manage a Chech