Josh has a stable job and makes $1600 per month. Does he have enough to afford the rent?

Security Deposit: $500
Application Fee: $10
First Month's Rent: $550
Parking (optional garage): $30
Pet Fee: $100 deposit + $25 per month
Electricity included in the rent
Telephone approximately $36 per month; $40 to connect
Water $26 per month; a deposit of $50
a) No
b) Yes