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 94, 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 $1,182. The firm has 576 shares of common stock outstanding that sell for 54.00 per share. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. Open spreadsheet 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 Accounts payable and $ 10 accruals Cash $ 120 42 240 Short-term debt Accounts receivable Inventories 360 Long-term debt $1.140 2,160 Plant and equipment, net 1.688 Common equity $2.850 Total assets 32.380 Total liabilities and equity