Equivalent annual annuity

Corcoran Consulting is deciding which of two computer systems to purchase. It can purchase state-of-the-art equipment (System A) for $20,000, which will generate cash flows of $6,000 at the end of each of the next 6 years. Alternatively, the company can spend $11,000 for equipment that can be used for 3 years and will generate cash flows of $6,000 at the end of each year (System B).

a. If the company's WACC is 10% and both projects can be repeated indefinitely, which system should be chosen? System B

b. What is its EAA? Round your answer to the nearest cent.

PLEASE SHOW YOUR CALCULATION