Suppose you are 47 and have a $90,000 face amount, 13-year, limited-payment, participating policy (dividends will be used to build up the cash value of the policy). Your annual premium is $315. The cash value of the policy is expected to be $3,600 in 13 years. Using time value of money and assuming you could invest your money elsewhere for a 6 percent annual yield, calculate the net cost of insurance. Use Exhibit 1-B. (Do not round intermediate calculations. Round time value factor to 3 decimal places and final answer to the nearest whole number.)

Net cost of insurance?