Biooper industries must replace its magnoosium purification system. Quick \& Diry Systems seils a relatively cheap purification system for $12 milion. The systern will last 6 years Do-lt Right sells a sturdier but more expensive system for $20 milion, it will last for 8 years Both systerns entail $1 million in operating costs, both will be depreciated straight-ine to a final value of zero over ther useful ives, feither will have ary salvage value at the end of its life. The fim's tax rate is 30% and the discount rate is 13% Ether machine will be replaced at the end of its life. a. What is the equivalent annual cost of investing in the cheap system? (Do not round intermediate caiculations, Enter your answer os a positive volue. Enter your answer in millions rounded to 2 decimal places.) b. What is the equivalent aninual cost of investing in the more expensive system? (Do not round intermediate calculations. Enter your onswer as a positive volue. Enter your answer in millions rounded to 2 decimal places.) c. Which system should Blooper install