1.	Compute the average annual net cash inflow from the expansion.
2.	Compute the average annual operating income from the expansion.
3.	Compute the payback period.
4.	Compute the ARR.

Data table Consider how Golden Valley, a popular ski resort, could use capital budgeting to decide whether the $9.5 million Brook Park Lodge expansion would be a good investment. Assume that Golden Valley uses the straight-line depreciation method and expects the (Click the icon to view the expansion estimates.) lodge expansion to have a residual value of $950,000 at the end of its ten-year life. Read the requirements. Requirement 1. Compute the average annual net cash inflow from the expansion. First enter the formula, then compute the average annual net cash inflow from the expansion. (Round your answer to the nearest dollar.) Requirement 2. Compute the average annual operating income from the expansion. First enter the formula, then compute the average annual operating income from the expansion. (Round your answer to the nearest dollar.) Average annual operating 1=Averageannualoperating= Requirement 4. Compute the ARR. First enter the formula, then compute the accounting rate of return. (Enter amounts in dollars, not millions. Enter your answer as a percent rounded to two decimal places.)