Ass'ggment Plan and code a program to do the following. The Natural Oak and Pine Furniture Company has hired you to develop a payroll program to print out a pay report for one employee. {Later, the program may be expanded for all company employees.) Input Three employee initials; the number of hours worked; the hourly rate of pay for the employee. Calculate and output the em ployee's gross pay, deductions, and net pay. Deductions include the following: Federal Withholding Rate 18% of gross wages State Withholding Rate 4.5% of gross wages Hospitalization $25.65 Union dues 2% of gross wages Use CONSTANT denitions for the deductions. Output employee initials; gross wages; amount of federal withholding; amount of state withholding; amount of hospitalization; amount for union dues; total deductions; net wages. Your output should be formatted as a report and should look like the following sample: Employee ABC Hours Worked 40.00 Hourly Rate 8.75 Total Wages 350.00 Deductions Federal Withholding: 63.00 State Withholding 15.?5 Hospitalization 25.65 Union Dues 100 Total Deductions 111.40 Net Pay 238.60