7. To try to penetrate the Central American market, a Canadian beverage company is considering building a new bottling facility in Costa Rica. A team from the company's purchasing department has estimated that an old factory there can be retrofitted to serve the company's purpose, and doing so should only cost about 1.1 million. The company is going to start by assuming only a five-year life for the project, and assuming steady profits of $285,000/year theyre wondering how long it will take them to recoup their investment? (A timeline is optional for this problem.)