The Paulson Company's year$-$end balance sheet is shown below. Its cost of common equity is $15\%,$ 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 $$1,165.$ The firm has $576$ shares of common stock outstanding that sell for $$4\mathrm{.}00$ per share. The data has been collected in the Microsoft Excel Online file below. Open th Calculate Paulson's WACC using market$-$value weights. Round your answer to two decimal places. Do not round your intermediate calculations.

Assets Liabilities And Equity

Cash $ $120$ Accounts payable and accruals $ $10$

Accounts receivable $240$ Short$-$term debt $45$

Inventories $360$ Long$-$term debt $$1,120$

Plant and equipment, net $2,160$ Common equity $1,705$

Total assets $$2,880$ Total liabilities and equity $$2,880$e spreadsheet and perform the required analysis to answer the question below.