The following is a simple regression equation estimated for the wage level of JohnSmith's employees based on the number of years worked. Log y = 10.75 + 0.0295x Where y=annual earning for a worker, x = the number of years worked, and Log is a natural log. a. What is the starting annual pay for an employee in this firm? b. How much will an employee's wages increase after 10 years of working from start? c. How long does it take for an employee to double the wages after joining this company