Company X's cost of common equity is 17%. Its before-tax cost of debt is 12%, and its marginal tax rate is 35%. Its cost of preferred equity is 8%. The stock sells at book value using the following balance sheet. Calculate Company X's after-tax WACC. NOTE: Show your working and display your answer in percentage form to 2 decimal places. Company X's Balance Sheet Assets ($) Liabilities & Equity ($) Cash 100 Long-term Debt ||1,150 250 Acc. Receivable Common Equity ||1,130 Inventories 200 Preferred Equity 470 Total Fixed Assets 2,200 Find Total Assets lit Total Liabilities & Equity Find Jit