I've been working for some time on this questions but I don't understand it. What should be the correct answer for question #2? Thanks!

Surprise! Jamie Lee and Ross were stunned to find that their family of two has grown to a family of five! They were expecting twins, but when the babies were born, they discovered that they were actually the parents of triplets!

Ross immediately had worries of being able to provide for the growing family: diapers, formula, college expenses times three! What if something happened to him or Jamie Lee? How would the surviving parent be able to provide for such a large family?

Jamie Lee and Ross decided to purchase life insurance for Ross because his is the higher income at this time and because it would be more devastating if his income was lost due to his death. They have allowed $9,200 for funeral costs.

Calculate their living expenses for 6 months to include all monthly expenses, excluding credit card debt and entertainment. Note that Ross's mother lives close and will be providing childcare to their triplets once Jamie Lee goes back to work at the bakery for half days. His mom will have a hired nanny to assist, which will cost them $1,200 a month. Use the table below to determine the amount Jamie Lee and Ross should use when shopping for life insurance. Each answer must have a value for the assignment to be complete. Enter "0" for any unused categories.

Current Financial Situation

Assets:			Income:
Checking account	$3,700		Gross income (Jamie Lee)	$57,000
Savings account	$17,200		Net income after taxes (Jamie Lee)	$39,900
Emergency fund savings account	$20,300		Gross income (Ross)	$81,000
IRA balance	$26,200		Net income after taxes (Ross)	$67,200
Car (Jamie Lee)	$12,700		Monthly Expenses:
Car (Ross)	$20,200		Mortgage	$1,405
Liabilities:			Property taxes	$520
Student loan balance	$0		Homeowners insurance	$320
Credit card balance	$4,700		Utilities	$220
Car loans	$8,200		Food	$560
			Gas/maintenance	$335
			Credit card payment	$335
			Car loan payment	$301
			Entertainment	$185

se the "family need" method to complete
1. Yearly income x 5	[1]	$405,000selected answer correct
2. Total approximate expenses above and beyond your daily living costs for you and your dependents (e.g. tutition, care for disabled child or parent)	[2]	$3,661selected answer incorrect
3. Emergency fund needed (6 months of living expenses)	[3]	$21,966selected answer incorrect
4. Expected funeral expenses	[4]	$9,200selected answer correct
5. Total estimate of family's financial needs (sum of lines 1-4)	[5]	$430,627selected answer incorrect
6. Total liquid assets (e.g. savings account, CDs, money market funds, other life insurance, pension plan death benefits, and Social Security benefits)	[6]	$67,400selected answer correct
7. Life insurance needs (total estimate of needs minus liquid assets)	[7]	$363,227