Louise McIntyre's monthly gross income is $$3,100.$ Her employer withholds $$710$ in federal, state, and local income taxes and $$260$ in

Social Security taxes per month. Louise contributes $$110$ each month to her IRA. Her monthly credit payments for VISA and MasterCard

are $$70$ and $$65,$ respectively. Her monthly payment on automobile loan is $$370.$

a$.$ What is Louise's debt payments$-$to$-$income ratio? $($Enter your answer as a percent rounded to $2$ decimal places.$)$

Debt payments$-$to$-$income ratio

b$.$ Is Louise living within her means?

No

Yes