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Flowers Foods, a Thomasville, GA . company uses specialized ovens to bake its bread. One oven costs $ 4 9 0 , 0 0 0

Flowers Foods, a Thomasville, GA. company uses specialized ovens to bake its bread. One oven costs $490,000 and lasts 15 years before it needs to be replaced. The annual operating cost per oven is $19,000. If the required rate of return is 15 percent, what is the equivalent annual cost of an oven?
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