The bake element was arcing/smoking and needed immediate replacement.

I removed (2) mounting screws from the back of the oven and pulled the element out far enough to access the terminal lugs. I unplugged the old element and plugged in the new element. I also replaced the old mounting screws w/new hardware and replaced one of the terminal lugs on a damaged wire. I went ahead and replaced the broiler element at the same time (also only 2 screws on the top of the oven) although there was no indication of a problem. The process was very easy although I caution non-electrically skilled people to insure the power is off at the breaker panel when performing this work and, if the electrical wires are damaged, seek qualified assistance to repair them.