Applying for a loan (7-8) Manuel's monthly expenses and income are listed below. Calculate Manuel's debt-to-Income (DTI) ratio. Show work. Manuel's Monthly Debt and Income Housing: Rent Renter's Insurance $875.00 $33.00 Credit: Student Car Credit Card #1 Credit Card 2 $190.00 $313.00 $30.00 (minimum) $50.00 (minimum) $5,200.00 $570.00 Income: Sales Rep Tutoring Cindy would like to apply for a loan but knows that her debt-to-Income (DTI) ratio will keep her from being approved. Her monthly expenses include an $800 rent payment, a $230 car payment, a $175 student loan payment and a $160 minimum payment for all three of her credit cards combined. Her current gross monthly income is $2,900. What minimum additional gross monthly income does Cindy need to get her DTI down to 36%? Show work