calculate the appropriate weighted average cost of capital

MNQ Company
Balance Sheet ($000)20082007200620052004
Assets
Current Assets
Cash and cash equivalents$250$225$191$160$192
Accounts receivable$650$585$497$425$510
Inventories$300$270$230$200$240
Total Current Assets$1,200$1,080$918$785$942

Fixed Assets
Property, plant, and equipment$2,200$1,870$1,814$1,422$1,400
Less: Accumulated depreciation$400$200$180$80$75
Net property, plant, and equipment$1,800$1,670$1,634$1,342$1,325
Intangible assets$300$240$220$210$205
Total Fixed Assets$2,100$1,910$1,854$1,552$1,530

Total Assets$3,300$2,990$2,772$2,337$2,472

Liabilities and Stockholders’ Equity
Current Liabilities
Accounts payable$400$340$299$245$319
Notes payable$300$255$224$184$239
Accrued expenses$600$510$449$368$478
Total Current Liabilities$1,300$1,105$972$797$1,037

Long-Term Liabilities
Long-term debt$400$380$370$350$345
Deferred taxes$250$230$220$210$205
Total Long-Term Liabilities$650$610$590$560$550

Total Liabilities$1,950$1,715$1,562$1,357$1,587

Stockholders’ Equity
Common stock$100$100$100$100$100
Capital surplus$450$420$410$380$370
Retained earnings$800$755$700$500$415
Total Stockholders’ Equity$1,350$1,275$1,210$980$885

Total Liabilities and Stockholders’ Equity$3,300$2,990$2,772$2,337$2,472

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