GWSB Construction Company must choose between two types of cranes. Crane A costs $800,000, will last for five years, and will require $80,000 in maintenance each year. Crane B costs $1,000,000, will last for eight years, and will require $50,000 in maintenance each year. Maintenance costs for cranes A and B occur at the end of each year. The appropriate discount rate is 12 percent per year. How much does Crane A cost more than Crane B in terms of equivalent annual cost? (The answer should be rounded to the nearest cent.)