What is the companys weighted average cost of total invested capital? Use the chart below

The following data and information are provided for East Coast Incorporated. Use net income after taxes as margin.

East Coast Incorporated proforma data and information for the upcoming operating year:

Sales Revenue $10,000,000

Cost of Goods Sold -6,000,000

Gross Margin 4,000,000

Selling Expenses -2,000,000

Administrative Expenses -1,000,000 3

Net Operating Income 1,000,000

Other Income & Expense -130,000

Net Income before Taxes 870,000

Income Taxes -270,000

Net Income after Taxes $600,000

Selected data

Average total assets = $5,000,000

Average inventory = $1,000,000

Average days in accounts receivable = 24

Fixed expenses = $4,000,000

Variable expenses = $5,000,000

Average price per unit sold = $100

Cost of equity = 14%

Average accounts payable: $250,000

Average balance Bank loan #1: $1,000,000 at 7% interest

Average balance Bank loan #2: $750,000 at 8% interest