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Biscayne Biscuits Inc. is considering buying a new oven. This oven will replace an old oven that still has a useful life of 6 years.

Biscayne Biscuits Inc. is considering buying a new oven. This oven will replace an old oven that still has a useful life of 6 years. The new oven will cost $3,660 a year to operate, as opposed to the old oven, which costs $3,950 per year to operate. Also, because of increased capacity, an additional 20,600 biscuits a year can be produced. The company makes a contribution margin of $0.10 per biscuit. The old oven can be sold for $7,600 and the new oven costs $30,600. The incremental annual net cash inflows provided by the new oven would be (Ignore income taxes.):
Group of answer choices
$2,060
$2,350
$5,540
$290

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