You are a loan officer working at Syfield Mortgage Corp. A client, named Sara Wilson, has come to you to see if she how much she is qualified for a mortgage loan After sitting down with her, you I came to know the following information about her financial situation: Sara's yearly salary is: $74,300 per year Sara wants to make a 10% down-payment. Based on your experience as well as speaking with her, you came to know about the following information about the property she is looking at: Property tax: $1.800/year Heating bill: $75 /month She also has the following liabilities: Car loan payment: $250/month Credit card payment: 5225/month Currently typical mortgage rate is 4.25%. Sara is looking to pay-off the mortgage late and wants payment to be based on a 30 years amortization. a) What is the maximum loan she can qualify for based on GDSR and TDSR? (8 marks) b) What is the estimated value of the house she can purchase (ignore any closing cost) (2 marks)