2 2 points Skipped References Problem 9-2 Calculating the Amount of Life Insurance Needed Using the Income Replacement Method [LO2] You are the sole wage earner in a "typical family," with $84,000 gross annual income. Use the income replacement method to determine how much life insurance you should carry. (Omit the "$" sign in your response.) Value of insurance $ For each of the following situations, what amount would the insurance company pay? a. Wind damage of $2,150; the insured has a $800 deductible. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Amount paid $ b. Theft of an entertainment system worth $2,600; the insured has a $1,600 deductible. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Amount paid $ c. Vandalism that does $428 of damage to a home; the insured has a $450 deductible. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Amount paid $