A client, Marie, age 35, came into a financial planner’s office today. She provides the planner with the following information for the upcoming year:

When considering the targeted benchmarks, which of the following statements is the planner most likely to make during the next meeting?

a. Both the basic and broad housing ratio are within the normal range.
Both the basic and broad housing ratio are outside the normal range.

c. The basic housing ratio is within the normal range, but the broad housing ratio is not.

d. The broad housing ratio is within the normal range, but the basic housing ratio is not.

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Income $100,000 Principal and Interest payments on home mortgage - $14,000 Homeowners insurance - $1,000 Property taxes - $5,000 Living Expenses - $40,000 Credit Card Debt Payments - $12,000 Savings - $5,000 Student Loan Payments - $5,000 Car Payment - $6,000