Use Worksheet 3.1 Sophie Lopez is a 72-year-old widow who has recently been diagnosed with Alzheimer's disease. She has imited financials of her own and being with her daughter Felicity for 2 years. Her only income is $650 a month in Social Security survivor's benefits. Felicity wants to make sure that her mother will be care Felicity should die prematurely, Felicity, 40, is single and earns $55,000 a year as a human resources manager for a smal manufacturing firm. She wis a conde with a cum market value of $65,000 and has a $42,000 mortgage. Other debts include a 54,500 auto loan and $200 in various credit card balances. Her 4010) pana acumon be $38,500, and she keeps $13,000 in a money market account for emergencies. After talking with her mother's doctor, Felicity believes that her mother will be able to continue living Independently for another 3 years. She estimates that her mother would need about $1,750 a month to cover herving expenses and medical costs during this time. After the Felicity's mother will probably need nursing home care, Felicity calls several local nursing homes and finds that it will cost about $3,500 a month when her mother antenning home. Her mother's doctor says it is difficult to estimate her mother's life expectancy but indicates that, with proper care, om heimer's patients can 10 years when diagnosis. Felicity also estimates that her personal final expenses would be around $12,000, and she'd like to provide a $20.000 contingency fund that would ta trusted friend to supervise her mother's core if Felicity were no longer alive. Use Worksheet 8.1 to calculate Felicity's total tifo vsurance requirements. In your way Incidental special need amount of $13,000 Recommend the type of policy she should buy. In your analysis, assume an incidental special need amount of $12,000