Calculate the weighted average cost of capital for Corporation B as of year-end 20X3.

Corporation B Comparative Balance Sheets As of December 31, \begin{tabular}{|l|r|r|r|} \hline & 20X3 & 20X2 & 20X1 \\ \hline Cash & 210,000 & 780,000 & 1,530,000 \\ \hline Accounts Receivable & 410,000 & 360,000 & 300,000 \\ \hline Less: Allowance for Doubtful Account: & (4,100) & (14,616) & (1,500) \\ \hline Net Accounts Receivable & 405,900 & 345,384 & 298,500 \\ \hline Inventory & 436,000 & 405,000 & 330,000 \\ \hline Prepaid Insurance & 15,000 & 18,000 & 21,000 \\ \hline Total Current Assets & 1,066,900 & 1,548,384 & 2,179,500 \\ \hline Land & 1,650,000 & 1,630,000 & 1,400,000 \\ \hline Buildings & 2,300,000 & 1,760,000 & 1,400,000 \\ \hline Less: Accumulated Depreciation & 5560,000) & (490,000) & (440,000) \\ \hline Net Buildings & 1,740,000 & 1,270,000 & 960,000 \\ \hline Total Long-Term Assets & 3,390,000 & 2,900,000 & 2,360,000 \\ \hline Total Assets & 4,456,900 & 4,448,384 & 4,539,500 \\ \hline \hline Accounts Payable & 215,000 & 134,000 & 185,000 \\ \hline Salaries and Wages Payable & 63,000 & 49,000 & 40,000 \\ \hline Dividends Payable & 93,216 & 44,178 & \\ \hline Notes Payable-Line of Credit & 356,000 & 205,000 & 98,000 \\ \hline Total Current Liabilities & 727,216 & 432,178 & 323,000 \\ \hline Notes Payable-Long Term & 778,032 & 961,219 & 939,680 \\ \hline Bonds Payable & 1,000,000 & 1,000,000 & 1,000,000 \\ \hline Add: Premium on Bonds Payable & 89,826 & 105,753 & 121,062 \\ \hline Net Bonds Payable & 1,089,826 & 1,105,753 & 1,121,062 \\ \hline Total LT Liabilities & 1,867,857 & 2,066,973 & 2,060,743 \\ \hline Total Liabilities & 2,595,073 & 2,499,151 & 2,383,743 \\ \hline Contributed Capital & 1,500,000 & 1,500,000 & 1,500,000 \\ \hline Retained Earnings & 1,167,827 & 925,233 & 691,757 \\ \hline Treasury Stock & (806,000) & (476,000) & (36,000) \\ \hline Total Stockholders' Equity (SE) & 1,861,827 & 1,949,233 & 2,155,757 \\ \hline Total Liabilities and SE & 4,456,900 & 4,448,384 & 4,539,500 \\ \hline \hline \end{tabular} Corporation B Comparative Balance Sheets As of December 31, \begin{tabular}{|l|r|r|r|} \hline & 20X3 & 20X2 & 20X1 \\ \hline Cash & 210,000 & 780,000 & 1,530,000 \\ \hline Accounts Receivable & 410,000 & 360,000 & 300,000 \\ \hline Less: Allowance for Doubtful Account: & (4,100) & (14,616) & (1,500) \\ \hline Net Accounts Receivable & 405,900 & 345,384 & 298,500 \\ \hline Inventory & 436,000 & 405,000 & 330,000 \\ \hline Prepaid Insurance & 15,000 & 18,000 & 21,000 \\ \hline Total Current Assets & 1,066,900 & 1,548,384 & 2,179,500 \\ \hline Land & 1,650,000 & 1,630,000 & 1,400,000 \\ \hline Buildings & 2,300,000 & 1,760,000 & 1,400,000 \\ \hline Less: Accumulated Depreciation & 5560,000) & (490,000) & (440,000) \\ \hline Net Buildings & 1,740,000 & 1,270,000 & 960,000 \\ \hline Total Long-Term Assets & 3,390,000 & 2,900,000 & 2,360,000 \\ \hline Total Assets & 4,456,900 & 4,448,384 & 4,539,500 \\ \hline \hline Accounts Payable & 215,000 & 134,000 & 185,000 \\ \hline Salaries and Wages Payable & 63,000 & 49,000 & 40,000 \\ \hline Dividends Payable & 93,216 & 44,178 & \\ \hline Notes Payable-Line of Credit & 356,000 & 205,000 & 98,000 \\ \hline Total Current Liabilities & 727,216 & 432,178 & 323,000 \\ \hline Notes Payable-Long Term & 778,032 & 961,219 & 939,680 \\ \hline Bonds Payable & 1,000,000 & 1,000,000 & 1,000,000 \\ \hline Add: Premium on Bonds Payable & 89,826 & 105,753 & 121,062 \\ \hline Net Bonds Payable & 1,089,826 & 1,105,753 & 1,121,062 \\ \hline Total LT Liabilities & 1,867,857 & 2,066,973 & 2,060,743 \\ \hline Total Liabilities & 2,595,073 & 2,499,151 & 2,383,743 \\ \hline Contributed Capital & 1,500,000 & 1,500,000 & 1,500,000 \\ \hline Retained Earnings & 1,167,827 & 925,233 & 691,757 \\ \hline Treasury Stock & (806,000) & (476,000) & (36,000) \\ \hline Total Stockholders' Equity (SE) & 1,861,827 & 1,949,233 & 2,155,757 \\ \hline Total Liabilities and SE & 4,456,900 & 4,448,384 & 4,539,500 \\ \hline \hline \end{tabular}