y Tools The Paulson Company's year end balance sheet is shown below. Its cost of common equity is 18%, its before-tax cost of debt is 8%, and its marginal tax rate is 40% Assume that the firm's long-term debt sels at par value. The firm's total debt, which is the sum of the company's short-term debt and long-term debt, equals $1,198. The Firm has 576 shares of common stock outstanding that sell for $4.00 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 Tips Open spreadsheet ips Calculate Paulson's WACC using market value weights. Round your answer to two decimal places. Do not found your intermediate calculations. Assets liabilities And Equity Cach $ 120 Accounts payable and accruals $ 10 Accounts receivable 48 240 Short-term debt Tryventores 360 Plant and equipment, net 2,160 Long-term debt $1,150 Common equity 1,672 Totallabilities and equity $2,800 Total assets $2,500