Problem 5-4 (LO5.3) Madeline Rollins is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now Madeline is living at home and works in a shoe store, eaming a gross income of $1,320 per month. Her employer deducts a total of $350 for taxes from her monthly pay. Madeline also pays $20 on several credit card debts each month. The loan she needs for chiropractic school will cost an additional $350 per month. Calculate her debt payments-to-income ratio with and without the college loan. (Remember the 20 percent rule.) (Enter your answers as a percent rounded to 2 decimal places.) Debt Payments-to-Income Ratio With college loan Without college loan