Based on the Statement of Financial Position, and / or Spending Plan for Bernard Baruch,...

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Accounting

Based on the Statement of Financial Position, and / or Spending Plan for Bernard Baruch, attached:
a. What is Bernard Baruch's PITI ratio?
b. "Yes" or "No" Do you think Bernard Baruch is in a good financial position to receive a mortgage loan of $500,000, which would require a principal + interest payment of $3,200 per month, to purchase a vacation home with an annual property tax of $12,000 and an annual insurance payment of $1,200?
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