Using the information from Pathways Assignment (posted on Canvas), please calculate the amount of life insurance coverage that Ragnar Lothbrok will need to achieve his life insurance goals. Please round your answers to the nearest $1,000 and do not enter decimals, commas, or dollar signs:

Final Expenses:_____

Paying off his Debts:_____

Bjorn's College Education:_____

Living Needs for his Survivors:_____

Total Life Insurance Coverage Needed for All of these Goals:_____

Ragnars goals are as follows:- Have enough life insurance to:- pay for his final expenses ($20,000) - pay off his credit cards ($5,000), auto loan ($35,000), and his federal student loans from his graduate degrees ($150,000)- provide the equivalent of $250,000 in 15 years for Bjorns college education. If he were to die today the funds would be invested at an annual rate of return of 7% for the next 15 years.- provide 3 years of his annual salary to provide living needs for Bjorn (and Lagertha after they get married).- Retire with $4 million in his 401(k) when he wants to retire in 35 years. Assume that his retirement account will earn an annual return of 9% and that his company will make the matching contributions to his account. Ragnar already has $8,000 in his 401(k). Use Beginning of Period payments. For simplicity assume that his salary will remain constant over this time period.- Ragnar doesnt like being tied to a particular geographic area, so he is in no hurry to purchase a house. Besides, his company has been thinking about transferring him to Portland, OR, to open a new division of the company.