(a) Whenever there is no surviving spouse of a deceased veteran entitled to dependency and indemnity compensation, dependency and indemnity compensation shall be paid in equal shares to the children of the deceased veteran at the following monthly rates:
(1) one child, $452;
(2) two children, $649;
(3) three children, $846; and
(4) more than three children, $846, plus $162 for each child in excess of three.