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Please answer the entire question in full and in detail thank you! Is he in trouble? Directions After reading through the following scenario, list the

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Please answer the entire question in full and in detail thank you!

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Is he in trouble? Directions After reading through the following scenario, list the steps you would take if you found yourself in the same situation. mhn's monthly net income is $4,150. His xed monthly expenses include: a $1,500 for rent a $2112] for his car insurance premium I Car payment $262 a Credit Card payments $23G His flexible monthly upenses include: a $212] for the telephone hill $135 for food $115 for personal and household items $95 for gas and oil $15G for entertainment His current credit obligations include : $6, 800 on his car loan . $ 2, 200 on one of his major credit cards . $1, 500 on another credit card , which he recently accrued from taking out a cash advance . THE needed it because he didn't have Enough to pay rent last month . and he wanted to buy a new piece of stereo Equipment for his car . ] John doesn't have any savings . Use the Z D'10 rule from Module 4 to determine if John is in trouble . Show me your calculations and explain why or why not You think he is in trouble . List at least 4 things you recommend John do in the short term regarding his financial affairs

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