Ten years ago, an investor purchased a project for $295,000. He anticipated a salvage value of $90,000 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. AW is closest to:

	A.	-8565.6
	B.	-8465.6
	C.	-8665.6
	D.	-8365.6