Rick and Theresa are trying to qualify for a mortgage on a house for which the total monthly payment (PITI) would be $1,560.15. They earn a combined annual income of $72,000. They have two car loans. The first carries a monthly payment of $295 and has 2 years and 4 months left to go. The second has 9 months left to go, and the monthly payment is $375. They have student loan payments of $414 per month, and the minimum monthly payments on their credit cards total $50. Do they pass the 28% test? Do they pass the 36% test? They pass the 28% test, but they do not pass the 36% test. They pass both the 28% test and the 36% test. They pass the 36% test, but they do not pass the 28% test. O They do not pass either the 28% test or the 36% test. Rick and Theresa are trying to qualify for a mortgage on a house for which the total monthly payment (PITI) would be $1,560.15. They earn a combined annual income of $72,000. They have two car loans. The first carries a monthly payment of $295 and has 2 years and 4 months left to go. The second has 9 months left to go, and the monthly payment is $375. They have student loan payments of $414 per month, and the minimum monthly payments on their credit cards total $50. Do they pass the 28% test? Do they pass the 36% test? They pass the 28% test, but they do not pass the 36% test. They pass both the 28% test and the 36% test. They pass the 36% test, but they do not pass the 28% test. O They do not pass either the 28% test or the 36% test