The aveedas gross monthly income is 4300.00 . They have 18 remaining payments of 360.00 on a new car. They are applying for a 15 year, 71,000 mortgage at 6.5% . The taxes and insurance on the house are 290.00 per month. The bank will only approve a loan that has a total monthly mortgage payment of principal , interest , property taxes and homeowners insurance that is less than or equal to 28% of their adjusted monthly income .

Determine 28% if their adjusted monthly income . ( round to the nearest cent)