Formulas: LTV - (Mortgage balance / Acquisition price) DCR - (Net operating income / Debt service) Maximum debt service = NOI/Minimum DCR Assume that lenders require a debt coverage ratio of at least 1.2 to qualify for a commercial mortgage loan. Which of the following 1st year debt service amounts would be the maximum acceptable debt service amount to qualify for a mortgage loan on a property which has: $450,000 Estimated net operating income in the 1st year: Purchase price: Effective gross income: $2,250,000 $750,000 $385.000 $480.000 $365.000 $1.000.000 $100.000