QUESTION 7 Ten years ago, an investor purchased a project for $295,000 . He anticipated a salvage value of $70,000 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. Awis closest to: A-9605 2 OB-9705 2. C.-98052 OD.-95052