Champion Bakers uses specialized ovens to bake its bread. One oven costs $840,000 and lasts about 3 years before it needs to be replaced. The annual operating cost per oven is $11,000. What is the equivalent annual cost of an oven if the required rate of return is 8 percent? (Round your answer to whole dollars) $-314,632 $-342,438 $-336,948 $-338,486 $-330,558