Anna and mike are considering their life insurance options. They both make about 50,000/year. In the event that something happens to one of them, they figure they will need to cover the other persons salary at 80% for 10 years. Anna and mike do NOT participate in social security. They are doing a needs-based approach and want to include $5,000 in final costs to cover the funeral arrangments and $10,000 for readjustment period. Based on the needs-based approach, what face value of life insurance is needed? (assume that anna and mike have no other resources to put toward this need and that they would invest the life insurance proceeds in an accounting returning 4% annually.)