I attached my work.. am I doing anything wrong??

Cully Company needs to raise $50 million to start a new project and will raise the money by selling new bonds. The company will generate no internal equity for the foreseeable future. The company has a target capital structure of 65 percent common stock, 10 percent preferred stock, and 25 percent debt. Flotation costs for issuing new common stock are 8 percent, for new preferred stock, 5 percent, and for new debt, 3 percent. What is the true initial cost figure the company should use when evaluating its project? (Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole dollar amount, e.g., 1,234,567.). Initial cost WAFC weighted avg flotation cost cap structure flotation cost needs to raise 50,000,000 common stock 65% preferred stock 10% debt 25% 8% 5% 5.20% 0.50% 0.75% 6.45% 39 initial cost? the weighted avg flotation cost = weighted avg of flotation cost for debt and equity, so: 2 3 14 0.9355 53,447,354.36 true initial cost