My Black + Decker toaster oven toasts but doesn't bake

I have a toaster oven by Black + Decker with a model number of 3073283. All 4 heating elements function properly during the toast functionality, but any other option refuses to heat and the power light does not turn on.

When setting a temperature in oven mode and turning the timer knob, you can hear the clicks of the timer counting down and you can no longer set duration using the toaster duration knob. This usually indicates that it switched out of toast mode.

Any help would be appreciated.