Our long-term debt represents the remaining balance on a 30-year loan taken out in 1991 at 13 percent with options to refinance every 10 years. If we refinance for the remaining 10 years at 7 percent, how much interest expense will we save over the remainder of the loan?

Table I: Bobcat IDS Balance Sheet as of December 31, 2009: Assets Table I: Bobcat IDS Balance Sheet as of December 31, 2009: Assets