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34. Janet Samuels is a single mother with one daughter. Janet would like to purchase enough life insurance to provide the following: Pay off home

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34. Janet Samuels is a single mother with one daughter. Janet would like to purchase enough life insurance to provide the following: Pay off home mortgage $120,000 Pay off other debts 21,000 Final expenses 10,000 College education for daughter 75,000 Annual living expenses for daughter 30,000/year for 12 years If Jane were to die, her daughter would receive $8,500 annually for 12 years from Social Security. She is also the primary beneficiary of Janet's $100,000 group life policy. Given this information, how much more life insurance does Janet need? (Show all work)

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