JackITs has 5.2 million shares of common stock outstanding, 1.2 million shares of preferred stock outstanding, and 22.00 thousand bonds. If the common shares are selling for $28.20 per share, the preferred share are selling for $13.70 per share, and the bonds are selling for 97.98 percent of par, what would be the weight used for equity in the computation of JackIT's WACC?

A 33.33%

B 66.67%

C 79.42%

D 80.97%