Following is the balance sheet for Goldsmith Inc.
Goldsmith Inc.
Balance Sheet as at December 31,
	2020	2019
Cash	3,146	2,858
Accounts Receivable	2,776	2,592
Inventories	10,036	8,814
Total Current Assets	15,958	14,264
Plat Assets, Net	28,974	26,250
Total Assets	44,932	40,514
Accounts Payable	2,382	1,999
Accrued Liabilities	1,940	1,790
Total Current Liabilities	4,322	3,789
Long Term Debt	10,234	8,093
Total Stockholders' Equity	30,376	28,632
Total Liabilities & Equity	44,932	40,514
The company has pre-tax interest expense of $750 and a statutory tax rate of 30%.
Your online investigation reveals that the company has a beta of 1.4.
Assume that the risk free rate in 2020 is 3.5% and the market risk premium is 6%.
Pre-tax Interest Expense	750
Statutory Tax Rate	30.0%
Beta	1.4
Risk free Rate	3.5%
Market Risk Premium	6.0%
Calculate the company's Weighted Average Cost of Capital. Show your calculations for each component of the calculation.