Calculate the firm$$s WACC $($weighted average cost of capital$)$ assuming that internally generated equity will satisfy next year$$s common equity needs. In your solution, in addition to the calculation for WACC, please also show your supporting calculations for the following:

PLEASE SHOW WORK FOR ALL CALCULATIONS INCLUDING THE WACC

$*$ capital component weights

$*$ cost of debt

$*$ cost of preferred stock

$*$ cost of common equity

Be sure to use $4$ decimal places $(25\mathrm{.}25\%$ or $0\mathrm{.}2525)$ FOR ANSWERS.

Current assets $3,100$ growth rate $7\mathrm{.}50\%$

Property, plant & equip $3,000$ coupon on new bonds $7\mathrm{.}50\%$

Total assets $6,100$ corporate tax rate $25\mathrm{.}00\%$

dividend on preferred $8\mathrm{.}00\%$

Current liabilities $1,100$ price of common $$24\mathrm{.}00$

Long$-$term debt $1,750$ price of $$100$ par value preferred $$65\mathrm{.}00$

Preferred stock, $$100$ par $500$ anticipated common dividend $$1\mathrm{.}56$

Common stock, no par $1,250$ flotation costs on preferred $$5\mathrm{.}00$

Retained earnings $1,500$ flotation costs on common $$2\mathrm{.}50$

Total liabilities & equity $6,100$