• 4. Jim wants to buy a new motorcycle but he isn't sure he can afford it. He salary is $6,000 per month, gross, which is great for someone who just graduated from college. His monthly paycheck withholdings are as follows: $1,200 Federal Income Tax $200 State Income Tax $425 Medicare & Social Security Jim also has loans of: $600 Student Loans $200 Car Loan PROBLEM: What is Jim's Disposable Income amount?_ What is Jim's Debt Payments to Disposable Income Ratio? Should Jim buy this motorcycle based on the Debt Payments to Disposable Income Ratio, and the percent recommendation below?Yes or No