Below is the Liabilities and Equity Section of a balance sheet. What is the total of the Capital Components to be used in calculating the current WACC for a company?

LIABILITES
Accounts Payable	$500,000
Short Term Debt	$1,000,000
Accrued Expenses	$75,000
Total Current Liabilites	$1,575,000
Long Term Debt	$5,000,000
Total Liabilites	$6,575,000
EQUITY
Preferred Stock	$5,000,000
Common Stock	$10,000,000
Retain Earnings	$17,000,000
Total Common Eqity	$27,000,000
Total Equity	$32,000,000
Total Liabilites and Equity	$38,575,000