Kelly, age 35, is a single parent and has a one-year-old son. She earns $45,000 annually as a marketing analyst. Her employer provides group life insurance in the amount of twice the employee's salary. Kelly also participates in her employer's 401(k) plan. She has the following financial needs and objectives:

Funeral costs and uninsured medical bills

$ 10,000

Income support for her son

$2,000 monthly for 17 years

Pay off mortgage on home

150,000

Pay off car loan and credit card debts

15,000

College education fund for son

150,000

Kelly has the following financial assets:

Checking account

$ 2,000

IRA account

8,000

401(k) plan

25,000

Individual life insurance

25,000

Group life insurance

90,000

How much additional life insurance, if any, is needed if estimated Social Security survivor benefits in the amount of $800 monthly are payable until her son attains age 18?