first one wasnt right

years old and it has a current market value of $16,000. The old oven is being depreciated over a to-year life toward a zero entimented salvege value on a straight-tine basis, resulting in a cupent book value of $18,500 and an anhual depreciation expense of $3,700. The old cyen can be used for six mpre years but has no market value after its depreciable ilfe is ovet. Management is contemphating the purchase of a new oven whose cost is $26,000 and whose estimated,5alvage value is zero. Expected before-tax cash saviritgs from the new oven are $4,100 a year over its life, you can use bonus depreciation on the oven, and the cost of capital is 10 percent. Assume a 21 percent tax rate? What will the cash flows for, this projest be? (Note that the $37,000 cost of the old oven is depreciated over ten years at $3,700 per year. The halfyeor convention is not ased for the old oven. Negative amounts should be indicated by a mipus sign. Do not round intermediate calculations and round your enswers to 2 decimal places.)