Premium Pie Company needs to purchase a new baking oven to
replace an older oven that requires too much energy to
run. The industrial size oven will cost
$1,200,000. The oven will be fully depreciated on a
straight-line basis over its six-year useful life. The
old oven cost the company $800,000 just four years
ago. The old oven is being depreciated on a
straight-line basis over its expected ten-year useful
life. (That is, the old oven is expected to last six
more years if it...