10 Ten years ago, an investor purchased a project for $295,000 .He anticipated a salvage value of $60,000 after 10 years. During this time, his average annual revenue totaled $52,000. (a) Did he recover his investment and a 12% per year return? Assume the annual M&O cost was $10,000 the first year and increased by a constant $1000 per year. The recovery cost is closest to: -48990 AO -47790 .B -48790 C -48890 .DO