A company is using AWS DataSync to migrate millions of files from an on-premises system to AWS. The files are 10 KB in size on average. The company wants to use Amazon S3 for file storage. For the first year after the migration, the files will be accessed once or twice and must be immediately available. After 1 year, the files must be archived for at least 7 years. Which solution will meet these requirements MOST cost-effectively?