Sarah is the beneficiary of her mothers $100,000 life insurance policy. When her mother dies, Sarah is relying on the entire death benefit to pay expenses related to her mothers funeral and end-of-life care. However, unbeknown to Sarah, her mother had outstanding policy loans totaling $60,000. How much can Sarah expect to receive in death benefits from her mothers policy?

• a. $100,000
• b. $60,000
• c. $40,000
• d. $20,000