Calculate the weighted average cost of capital WACC as of year-end 2002 please.

Balance Sheet 12/31 Cash Accounts Receivable Less: Allowance for Doubtful Accounts Net Accounts Receivable Inventory Prepaid Insurance Total Current Assets Land Buildings Less: Accumulated Depreciation Net Buildings Total Long-Term Assets Total Assets Accounts Payable Salaries and Wages Payable Dividends Payable Notes PayableLine of Credit Total Current Liabilities Notes PayableLong Term Bonds Payable Add: Premium on Bonds Payable Net Bonds Payable Total LT Liabilities Total Liabilities Contributed Capital Retained Earnings Treasury Stock Total Stockholders' Equity (SE) Total Liabilities and SE 2002 210,000 410,000 (4,100) 405,900 436,000 15,000 1,066,900 1,650,000 2,300,000 (560,000) 1,740,000 3,390,000 4,456,900 215,000 63,000 93,216 356,000 727,216 778,032 1,000,000 89,826 1,089,826 1,867,857 2,595,073 1,500,000 1,167,827 (806,000) 1,861,827 4,456,900 2001 780,000 360,000 (14,616) 345,384 405,000 18,000 1,548,384 1,630,000 1,760,000 (490,000) 1,270,000 2,900,000 4,448,384 134,000 49,000 44,178 205,000 432,178 961,219 1,000,000 105,753 1,105,753 2,066,973 2,499,151 1,500,000 925,233 (476,000) 1,949,233 4,448,384 2000 1,530,000 300,000 (1,500) 298,500 330,000 21,000 2,179,500 1,400,000 1,400,000 (440,000) 960,000 2,360,000 4,539,500 185,000 40,000 0 98,000 323,000 939,680 1,000,000 121,062 1,121,062 2,060,743 2,383,743 1,500,000 691,757 (36,000) 2,155,757 4,539,500 Income Statement Sales Revenue Cost of Goods Sold Expense Salaries and Wages Expense Depreciation Expense-Building Bad Debt Expense Insurance Expense Total Expenses Operating Income Interest Expense-Notes Interest Expense-Bonds Loss from Inventory Write-Off Gain (Loss) Sale of Buildings Gain (Loss) Sale of Land Total Other Net Income Before Taxes Income Tax Expense (30 percent rate) Net Income Earnings per share 2002 4,010,000 (2,520,000) (660,000) (115,000) (11,000) (117,000) (3,423,000) 587,000 (52,740) (44,072) 0 (2,000) (3,000) (101,812) 485,188 145,556 339,631 4.04 2001 3,400,000 (1,810,000) (840,000) (88,000) (18,000) (102,000) (2,858,000) 542,000 (66,946) (44,691) (86,000) 45,000 43,000 (109,637) 432,363 129,709 302,654 3.40 2000 2,300,000 (940,000) (750,000) (70,000) (8,000) (95,000) (1,863,000) 437,000 (51,647) (45,285) (1,700) 7,000 (91,633) 345,367 103.610 241,757 2.44 Cash Flow statement Cash received from customers Cash paid to suppliers Cash paid for salaries and wages Cash paid for insurance Cash paid for income taxes Cash paid for interest-Bonds Cash paid for interestNotes Payable Net Cash from Operating Activities Investment in Land Investment in Building Sale of Building Sale of Land Net Cash from Investing Activities Proceeds (Payment) Notes Payable (Purchase) Sale Treasury Stock Dividends Paid Cash from Financing Activities Net Change in Cash Beginning Cash Ending Cash 2002 3,938,484 (2,470,000) (646,000) (114,000) (145,556) (60,000) (52,740) 450,188 (300,000) (930,000) 343,000 277,000 (610,000) (32,188) (330,000) (48,000) (410,188) (570,000) 780,000 210,000 2001 3,335,116 (2,022,000) (831,000) (99,000) (129,709) (60,000) (66,946) 126,461 (1,420,000) (640,000) 287,000 1,233,000 (540,000) 128,539 (440,000) (25,000) (336,461) (750,000) 1,530,000 780,000