Bergman and son is evaluating a project that will cost $23 mon at start-up The company plans to new bonds to finance the project and the company w generate nomenat equity for the foreseeable future The company has a target capital structure of 65 percent common stock 9 percent preferred stock and 26 percent debt Flotation costs for issuing new common stock are 15 percent, and for new preferred stock the cost is 6 percent The Totation cost for new debt is 5 percent What is the true start-up cost that Bergman and Sons should use when evaluating the project? (Do not round your intermediate calculations.) Multiple Choice $25.665,700 $21,006,667 $24974,551 $26,015,157 $27055.763