An investor pays $P1,100,000$ for a mine which will yield a net income of $x$ pesos at the end of each year for $10$ years and then will become valueless. He accumulates a replacement fund to recover his capital by annual investments at $4\mathrm{.}5\%.$ Find $x$ if he desires $11\mathrm{.}5\%$ return on his investment.

A$.216000$

C$.261000$

B$.266000$

D$.211000$