3. Make the following assumptions: Your future income $45,000/year You pay $1000/month in rent You have a cell phone bill of $85/month You have a student loan payment of $200/month You have a VISA card with a $1000 limit and $1000 outstanding balance Car insurance will cost $4000/year Groceries cost you $100/week Gas will cost you $50/week You have no other expenses. Calculate your TDSR given the above-mentioned assumptions and including the new loan payment you just calculated. (12 marks) Would you qualify for this purchase? (2 marks) 4. When TDSR exceeds the maximum allowable limit, what are four options that you could consider based on your spending above?