Michelle and Jackie Ramsay are looking to buy a house in Mississauga. They have saved $470,000 and the new house will be $1,300,000. Land transfer fees and moving costs will be about $70,000 and their mortgage will be $900,000. The repayment will be $3,828 a month and property tax will be $7,200 per annum. Heating costs are $250 a month. Michelle has a car loan which costs $150 per month. Michelle earns $92,000 a year gross and Jackie earns $73,500 gross. What is their Total Debt Service (TDS) ratio as a percentage (rounded to the nearest whole number)? a. 37% b. 35% c. 43% O d. 41% e.39%