Blooper Industries must replace its magnoosium purification system. Quick & Dirty Systems sells a relatively cheap purification system for $$12$ million. The system will last $3$ years. Do$-$It$-$Right sells a sturdier but more expensive system for $$20$ million; it will last for $8$ years. Both systems entail $$2$ million in operating costs; both will be depreciated straight$-$line to a final value of zero over their useful lives; neither will have any salvage value at the end of its life. The firm$$s tax rate is $30\%,$ and the discount rate is $10\%.$

What is the equivalent annual cost of investing in the cheap system?

Note: Do not round intermediate calculations. Enter your answer as a positive value. Enter your answer in millions rounded to $2$ decimal places.

What is the equivalent annual cost of investing in the more expensive system?

Note: Do not round intermediate calculations. Enter your answer as a positive value. Enter your answer in millions rounded to $2$ decimal places.

Which system should Blooper install?