Kenlee and Daisy, age 40, are common-law partners and have a 10-year-old daughter. While reviewing their life insurance needs, Kenlee indicates that if he dies, he wants to have enough insurance to cover his daughter's living expenses until she is 22 years old and wants Daisy's living expenses to be covered until she is 65 years old. It is determined that the living expenses for their daughter are $1,500 per month and Daisy's living expenses are $4,000 per month. Using the capital drawdown method, how much life insurance coverage does Kenlee need? ROI1TGNocm1 keFgrMzQyQkhlYIFidz09 @ a. • $792,000 b. O $1,650,000 с. О $1,182,000 d. O $1,416,000