Based on the balance sheet information below, determine the firm's capital structure weight of preferred stock:

Current Liabilities: $$1,150,000$

Long$-$term Debt $($Bonds$)$: $$3,371,866$

Preferred Stock: $$653,806$

Common Stock: $$4,855,744$

Note: Enter your answer as a decimal and go out two decimal places $($e$.$g$.0\mathrm{.}25).$