Suppose you take a 15-year mortgage for a house that costs $230696. Assume the following: The annual interest rate on the mortgage is 3.4%. The bank requires a minimum down payment of 5% of the cost of the house. The annual property tax is 1.3% of the cost of the house. The annual homeowner's insurance is $620. The monthly PMI is $75. If you make the minimum down payment, what is the minimum gross monthly salary you must earn in order to satisfy the 28% rule? Round your answer to the nearest dollar.