Garden Tools Inc has bonds, preferred stock and common stocks outstanding. The number of securities outstanding the current market price and the required rate of return for these securities are stated in the table below. The firms Tax rate is 35%. Calculate the firms WACC adjusted for taxes using the market information in the table.

		The number of Securities Outstanding	Selling	The Required Rate
Bonds		1552	Price	of Return
Preferred Stock		5931	1207	801%
Common Stock		1560	60.71	1976%
			71.65	1038%