Measured continuity of the bake element. No Continuity = Open circuit.
Conclusion, Bake Element has failed.
I ordered a new Bake Element from AppliancePartsPros.com. Finding the right part for to replace the failed element was quick and easy. The new Bake Element arrive on our door step in 2 days.
I install the new Bake Element in about 15 minutes and my wife baked Christmas cookies as soon as the oven came to the proper temperature. Any time I need appliance parts in the future, I will order them from AppliancePartsPros.com.