7. To reward improved product quality, a small manufacturing company that has only 27 employees, has developed a cash incentive program. Every year, the company pays out a $7000 bonus on top of the salaries of the individuals who have performed at or above certain thresholds. Suppose that, independently of other employees, each individual has an 8% chance of achieving that level of performance. Find the minimum amount of bonus money that the company should fund annually so that the probability is less than 1% that the amount is inadequate.