Steven just graduated from college and has started his first job in sales. Based on conversations with his manager, Steven believes his income will increase substantially over the next couple of years. His current gross monthly income is $4,950. Although Steven's current car works fine, it does have a lot of miles on it. As a result, he would like to purchase a new car. Steven has some student loans, credit card debt, and a car loan. His monthly required payments are $160 for student loans, $100 for credit card debt, and $205 for his car loan. He has a roommate, and Steven currently pays $520 per month for his portion of the rent. If Steven wants to keep his debt-to-income ratio less than 40%, what is the maximum monthly payment that Steven could have on a new car loan? Assume that Steven could sell his current car and pay off the remaining balance of his current car loan. (Round answers to 0 decimal place, e.g. 5275.) The maximum monthly payment that Steven could have on a new car loan is $