Current Attempt in Progress A company owns a 6-year-old gear hobber that has a book value of $63,600. The present market value of the hobber is $84,800. A new gear hobber can be purchased for $477,000. Using an insider's point of view, what is the net first cost of purchasing the new gear hobber? O $477,000 O $328,600 O $392,200 O $413,400 Click here to access the TVM Factor Table Calculator Save for Later Attempts: 0 of 1 used Submit