The Paulson Company's year$-$end balance sheet is shown below. Its cost of common equity is $16\%,$ its before$-$tax cost of debt is $10\%,$ and its marginal tax rate is $25\%.$ 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 $$1,189.$ The firm has $576$ shares of common stock outstanding that sell for $$4\mathrm{.}00$ per share.The firm has $576$ shares of common stock outstanding that sell for $$4,00$ per share.

$\backslash$table$[[$Assets$,,$Liabilities And Equity,$],[$Cash$,$$$120,,$Accounts payable and accruals,$$10$