$$mile Zola is a senior manager for Timber Eye Industries in California. After his a performance review, he receives a merit raise of $7\mathrm{.}25\%$ and a cost$-$of$-$living increas His annual salary after the increases was $$87,609\mathrm{.}50.$ Find $$mile$\text{'}$s: annual salary, increase, and cost$-$of$-$living increase.