Suppose Jamal has the following items in his Income statement and Balance sheet. Calculate his Inverse Long-term Debt coverage ratio: (Round your answer to two decimal points)

Credit card bill due next month $350

Stocks that you own $12000

Net monthly paycheck (Take home pay after taxes) $2,633

Paid Co-pay for a doctor's visit $65

Paid Mortgage payment for this month $988

Payment to Spotify $5

Paid Netflix bill $10

Mortgage payment due next month $950

401(k) retirement account balance $15000

Paid Monthly car payment $209

Laptop that you own $600

Cell phone ( that you own) $450

Paid for Grocery this week $350

Paid for gas this month $70

Next months car payment $350

Paid Electricity bill for this month $120

Savings account balance at the bank $1800

Spent on shopping at the mall $100

Checking account balance $280

Paid monthly Insurance payment $85

Personal property that you own $2200

Auto loan outstanding (balance of the laon) $19000

Mortgage outstanding (balance of the laon) $85000

Furniture that you own $1200

Automobile that you own but making payment $20500

Condominium that you own but making payment $105000