Calculate the time taken to transmit the file over the wireless link

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JJgo
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Homework Statement
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Relevant Equations
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Hello,
I've got this question:

A 16 MB file is compressed using a compression ratio of 4. The resulting compressed file is transmitted over a wireless connection that offers a maximum data rate of 1.2 Gbps. If a throughput of 60% can be achieved, and assuming there are no other transmissions occurring at the same time, calculate the time taken to transmit the file over the wireless link. Give your answer to 2 significant figures.

I thought about Shannon's formula, but it's completely foggy ...
Please could you help me?

Thanks
 
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No other information is required, everything you need is provided in the problem statement.
 
Break it into steps.
1. How many bits must be sent?
2. What is the data rate?
3. How long does it take to send the data at that rate?