In keeping with its plans for expansion, the company is appraising the production and sale of a new designer energy drink. This would involve the acquisition of a new machine with a purchase price of R$1600000$ which is expected to have a useful life of six years and a salvage value of R$200000.$ The installation cost of the machine is R$100000.5000$ units are expected to be sold annually. The net profit is expected to be R$30$ perIn keeping with its plans for expansion, the company is appraising the production and sale of a new designer energy drink. This would involve the acquisition of a new machine with a purchase price of R$1600000$ which is expected to have a useful life of six years and a salvage value of R$200000.$ The installation cost of the machine is R$100000.5000$ units are expected to be sold annually. The net profit is expected to be R$30$ per unit. The straight$-$line method of depreciation is used by Colatonic Ltd$.$ The company$$s cost of capital is $16\%.$ If approved, the implementation date would be $02$ January $2025.$ Calculate the internal rate of return $($IRR $)$ and weighted average cost of capital if the initial investment is funded by ordinary shares and debt in the ratio $3$:$2$ respectively and the cost of ordinary shares are $18\%$ and $14\%$ respectively. Your answer must include the values and ordinary shares and debt $?$