Given: Applicant's monthly gross income is $$2,500.$

The following are all monthly expenses.

Mortgage payment $$600$

Car payment $250$

Property taxes $90$

Mortgage insurance $30$

Electric bill $50$

Telephone bill $75$

The applicant is trying to qualify for a mortgage. Using the standard ratios

of $28\%$ and $36\%,$ he would qualify by:

a$.$ The mortgage debt ratio only

b$.$ The total debt ratio only

c$.$ both the mortgage and total debt ratios

d$.$ neither ratio

Please show work