Calculate WACC for ABC Corporation

ABC Corporation is evaluating a potential project that requires an initial investment of $2 million. The project is expected to generate cash flows of $600,000 per year for six years. ABC Corporation has a target capital structure of 60% equity and 40% debt. The company estimates that the required return on equity (cost of equity) is 12%, and the pre-tax cost of debt is 6%. Given a corporate tax rate of 30%, what is the Weighted Average Cost of Capital (WACC) for ABC Corporation?