Larry is a member of his employer's health insurance plan, which covers part of his family's medical and dental costs. His gross monthly salary is $7,500. Payroll deductions of $2,500, including income tax, are withheld from his salary. Larry estimates his family's annual dental costs, excluding his own costs covered by his employer's health plan, to be $1,500. The annual medical costs, including prescription drugs covered by the health plan and excluding his own medical costs, are $2,500. Larry expects these costs to be similar for the foreseeable future. His wife is a self-employed consultant and does not have health insurance coverage for the family. On what annual amount of income should Larry's life insurance needs analysis be based, if he wants his family to maintain the same spending power? QWZ2NIBpMDhvZU5yRINaUmFCcONOdz09 a. $60,000 b. $64,000 c. $94,000 d. O $90,000