1. In 2018, Frank invested $1,000,000 to buy a business. Fortunately (except for the uncle who died), he had just received a big inheritance that allowed him to buy the business without any debt. As 2019 comes to an end, he wanted to evaluate how well he had done in this endeavor. His accountant told him that he made $125,000 before paying himself and that he could take $50,000 out of the business and still have enough to pay taxes. In looking at his other investments, he determined that they made him 8% for the year. Just out of curiosity, he looked on Indeed and believes he could get a job paying $85,000 annually. In economic terms, how well did Frank do in this first year?