USE THE FOLLOWING DATA TO ANSWER THE QUESTION

John and Anne have the following expenses and account balances:

Johns annual 401(k) contribution	$22,000
Johns annual salary	$165,000
Current Liabilities	$36,000
Housing Costs (PITI) monthly	$3,450
Cash & Cash Equivalents	$60,000
Monthly non-discretionary cash flows	$7,500
Monthly debt payments other than housing	$1,000
* Johns employer matches $1 for $1 up to 5% of his salary in his 401(k) plan.

Based on the information above, calculate the Housing Ratio 2.

		32.36%
		30.20%
		28.36%
		34.75%