A client, Marie, age $35,$ came into a financial planner's office today. She provides the planner with the following information for the upcoming year:

Income $-$ $$100,000$

Principal and Interest payments on home mortgage $-$ $$14,000$

Homeowners insurance $-$ $$1,000$

Property taxes $-$ $$5,000$

Living Expenses $-$ $$40,000$

Credit Card Debt Payments $-$ $$12,000$

Savings $-$ $$5,000$

Student Loan Payments $-$ $$5,000$

Car Payment $-$ $$6,000$

When considering the targeted benchmarks, which of the following statements is the planner most

likely to make during the next meeting?

Both the basic and broad housing ratio are outside the normal range.

Both the basic and broad housing ratio are within the normal range.

The basic housing ratio is within the normal range, but the broad housing ratio is not.

The broad housing ratio is within the normal range, but the basic housing ratio is not.