Champion Bakers uses specialized ovens to bake its bread. One oven costs $870,000 and lasts about 3 years before it needs to be replaced. The annual operating cost per oven is $9,000. What is the equivalent annual cost of an oven if the required rate of return is 10 percent? (Round your answer to whole dollars)

$-340,511

$-360,431

$-358,840

$-363,721

$-353,821