Mom$$s Cookies, Inc., is considering the purchase of a new cookie oven. The original cost of the old oven was $$46,000$; it is now five years old, and it has a current market value of $$21,500.$ The old oven is being depreciated over a $10-$year life toward a zero estimated salvage value on a straight$-$line basis, resulting in a current book value of $$23,000$ and an annual depreciation expense of $$4,600.$ The old oven can be used for six more years but has no market value after its depreciable life is over. Management is contemplating the purchase of a new oven whose cost is $$25,000$ and whose estimated salvage value is zero. Expected before$-$tax cash savings from the new oven are $$3,000$ 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 project be$?($Note that the $$46,000$ cost of the old oven is depreciated over ten years at $$4,600$ per year. The half$-$year convention is not used for the old oven. Negative amounts should be indicated by a minus sign. Do not round intermediate calculations and round your answers to $2$ decimal places.$)$Mom$\text{'}$s Cookies, Inc., is considering the purchase of a new cookie oven. The original cost of the old oven was $$46,000$; it is now five

years old, and it has a current market value of $$21,500.$ The old oven is being depreciated over a $10-$year life toward a zero estimated

salvage value on a straight$-$line basis, resulting in a current book value of $$23,000$ and an annual depreciation expense of $$4,600.$ The

old oven can be used for six more years but has no market value after its depreciable life is over. Management is contemplating the

purchase of a new oven whose cost is $$25,000$ and whose estimated salvage value is zero. Expected before$-$tax cash savings from

the new oven are $$3,000$ a year over its life, you can use bonus depreciation on the oven, and the cost of caeepital is $10$ percent.

Assume a $21$ percent tax rate.

What will the cash flows for this project be$?$ DO NOT USE BONUS DEPRECTIATION DDB DEPRECIATION WITH HALF YEAR CONVENTION IS TO BE USED WITH FOR THE OVEN WITH $5$ YEAR CLASS LIFE $($Note that the $$46,000$ cost of the old oven is depreciated over ten years at $$4,600$ per

year. The half$-$year convention is not used for the old oven. Negative amounts should be indicated by a minus sign. Do not round

intermediate calculations and round your answers to $2$ decimal places.$)$