Each year in the United States nearly 5 billion pounds of discarded carpet end up in land fills. In response to this situation, the carpet manufacturer has decided to start a take-back program whereby obsolete carpet is reclaimed at the end of its useful life (about 6 years). The remanufactured carpet will then be recycled into the company's supply chain. The out-of-pocket (variable) cost of recycling is $1.00 per square yard of carpet, and the remanufactured carpet can be sold for $3.00 per square yard. If the recycling equipment costs $1 million and has no market value at the end of its seven-year life, how much carpet must be remanufactured annually to make this a profitable undertaking? The company's MARR is 15% per year. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 15% per year. square yards of carpet must be remanufactured annually to make the carpet restoration a profitable undertaking. (Round to the nearest whole number.)