Chelsea Menken, of Providence, Rhode fsland, recently graduated with a degree in food solence and now works for a major consumer foods company earning $70,000 per year with about $57,600 in take-home pay. She rents an apartment for $1,200 per month. While in school, she accumulated about $37,000 in student loan debt on which she pays $385 per month. During her last fall semestes in school, she had an internship in a city about 100 miles from her campus. She used her credit card for her extra expenses and has a current debt on the account of $8,000, She has been making the minimum payments on the account of about $240 a month, $ he has assets of $14,000. a. Calculate Cheisea's debt payments-to-disposable income ratio. Round your answer to two decimal places. b. Calculate Chelsea's debt-to-income ratio. Round your answer to two decimal places. c. Comment on Chelsea's debt situation and ber use of student loans and credit cards while in college. The input in the box below will not be graded, but may be reviewed and considered by your instructor