O The Pawson Company's year-end balance sheet is shown below. Its cost of common equity is 16%, its before-tax cost of debt is 12%, and its marginal tax rate is 40%. Assume that the firm's long-term debt sells at par value. The firm's total debt, which is the sum of the company's short-term debt and long-term debt, equals $1,144. The firm has 576 shares of common stock outstanding that sell for $4.00 per share. O Assets Liabilities And Equity s10 Cash 120 Accounts payable and accruals Short-term debt Long-term debt Common equity Total liabilities and equity Accounts receivable 240 360 2,160 $2,880 64 1,080 1,726 $2,880 Inventories Plant and equipment, net O Total assets Calculate Pawlson's WACC using market-value weights. Round your answer to two decimal places. Do not round your intermediate calculations