io-21 10-21 CALCULATING THE WACC H is the condensed 2015 balance sheet for skye Computer Company ere (in thousands of dollars): 2015 Current assets $2,000 Net fixed assets 3,000 Total assets $5,000 Accounts payable and accruals 900 Short-term debt 100 Long-term debt 1,100 Preferred stock (10,000 shares) 250 Common stock (50,000 shares) 1,300 Retained earnings 1.350 Total common equity 2,650 Total liabilities and equity $5,000