Excel Online Structured Activity: WACC The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 10%, its before-tax cost of debt is 9%, and its marginal tax rate is 40% Assume that the firm's long-term debt sells at per value. The firm's total debt, which is the sum of the company's short-term debt and long-term debt, equals 51,156. The firmas 576 shares of common stock outstanding that sell for $4.00 per share. The data has been collected in the Microsot Excel Online file below. Open the spreadsheet and perform the regured analys to answer the question below. Open spreadsheet Calculate Paulson's WACC using market value weights. Round your answer to two decimal places. Do not round your intermediate calculations Assets Liabilities And Equity Cash $ 120 Accounts payable and accruals $10 240 Short-term debt Accounts receivable Invertories 360 $1,110 Long-term debt Common equity 1,714 Plant and equipment, net 2,160 $2,80 Total assets Total liabilities and equity $2.880