Stan is currently 33 years old and plans to retire at age 68. He is married and has one child. Stan estimates that his average annual income between now and retirement will be $85,000. Based on his family's past expenditures, Stan expects to spend about 30 percent of his annual income on taxes and insurance premiums and another 25 percent on himself, with the remainder going to support his wife and daughter. Assuming a reasonable annual interest rate of 6 percent over his working lifetime, use the human life value approach to determine an appropriate amount of life insurance for Stan. (Round your answer to the nearest dollar. Do NOT include a dollar sign or a comma in your answer.)