Cost of equity capital question, can anyone answer this,options are given

Suppose the cost of capital of the Gadget Company is 12 percent. If Gadget has a capital structure that is 60 percent debt and 40 percent equity, its before-tax cost of debt is 5 percent, and its marginal tax rate is 20 percent, then its cost of equity capital is closest to:

24.0 percent

20.0 percent

26.0 percent

22.0 percent