Balance Sheet Items Assets) Last Year Two Years Ago Cash Accounts Receivable 510 460 Inventory 480 400 288 286 4800 4630 Total Current Assets Fixed Assets Depreciation Net Fixed Assets 2325 2066 Balance Sheet Items (Liabilities) Accounts Payable Notes Payable Total Current Liabilities Long Term Liabilities Total Liabilities Preferred Stock Common Stock Retained Earnings Total Liabilities and Equity 580 560 89 94 1060 990 1180 1180 3380 3380 1410 1015 Income Statement Items Past Year Two Years Ago Sales Cost of Goods Sold Operating Expenses Interest (Paid L/T Debt) Taxes Paid Preferred Stock Dividends Paid 75 3120 2500 1840 1740 570 540 59 89 79 87 20 What is the Weighted average cost of capital for last year for Clarion Pop if the rate on the common stock is 11.25%