For each of the individuals described below, identify the appropriate method for calculating the amount of life insurance they should purchase and use it to calculate that amount. 1. John is married with no children. He and his wife both work and their combined debt load is $200,000. Funeral expenses are estimated at $6,000. 2. Brenda and her husband both work and they have two children. Each earns approximately $60,000 per year. 3. Joaquin is married and has one child. Both parents work. Joaquin earns $200,000 per year, while his wife earns $50,000 per year. 4. Brandon is a recent college graduate with no spouse or dependents and no debt. He is looking for his first full-time job. 5. Connie and Maurie are married with 3 children, aged 2, 3, and 5. Maurie provides childcare for the children, while Connie works and earns $150,000 per year