Shao Airlines is considering the purchase of two alternative planes. Plane A has an expected life of 5 years, will cost

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Shao Airlines is considering the purchase of two alternativeplanes. Plane A has an expected life of 5 years, will cost $100million, and will produce net cash flows of $29 million per year.Plane B has a life of 10 years, will cost $132 million and willproduce net cash flows of $24 million per year. Shao plans to servethe route for only 10 years. Inflation in operating costs, airplanecosts, and fares are expected to be zero, and the company's cost ofcapital is 8%.
By how much would the value of the company increase if itaccepted the better project (plane)? Enter your answer in millions.For example, an answer of $1.23 million should be entered as 1.23,not 1,230,000. Do not round intermediate calculations. Round youranswer to two decimal places.
$ million
What is the equivalent annual annuity for each plane? Enter youranswers in millions. For example, an answer of $1.23 million shouldbe entered as 1.23, not 1,230,000. Do not round intermediatecalculations. Round your answers to two decimal places.
Plane A: $ million
Plane B: $ million