Please show work in Excel

Question 3 15 points Save Answer Aquapure has a target capital structure of 45% debt and the remainder common equity. Aquapure's cost of debt on the first $3.5 million borrowed is 7.0%, but that cost of debt increases to 8.0% for borrowing above the $3.5 million level. Its tax rate is 25%, its most recent dividend was $3.00 and that dividend has been growing at rate 2% annually and is expected to continue that growth. The current price of Aquapure stock is $30.00 per share. Flotation costs on new equity are 5.0% and Aquapure has retained earnings of $5 million. What is the WACC if Aquapure's total capital expenditure is expected to be $8.5 million? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I S Paragraph Arial 14px :- A TX X = = " x2 X2 > IT + 15 X H EX H+ 1 {3} # O WORDS POWERED BY TINY