Mom's Cookies, Inc., is considering the purchase of a new cookie oven. The original cost of the old oven was $$37,000$; it is now five

years old, and it has a current market value of $$16,000.$ 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 $$18,500$ and an annual depreciation expense of $$3,700.$ 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 $$26,000$ and whose estimated salvage value is zero. Expected before$-$tax cash savings 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 project be$?($Note that the $$37,000$ cost of the old oven is depreciated over ten years at $$3,700$ 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.$)$