How do I make a "+100" above the player after destroy enemy?

When the player is overlapping an enemy, the enemy disappears (dies).

Now I want the text "+100" to appear above the player and move upward for 1 second, and then destroy itself. Similar to Mario games where the points appear after you destroy any enemy. I am thinking I need a timer? Not really sure how to implement this.

Any help would be great! Thank You.

Here is an example:

https://www.dropbox.com/s/dw3yteeq3358b ... .capx?dl=0