Assume you are the CIO of an organization with three different IT department locations with separate costs. You want a program to perform simple IT expenditure calculations. Your IT expenditure target is $35,000 per site.

Site expenditures: Site 1 $35,000. Site 2 $37,500. Site 3 $42,500.

Exercise 3 Calculating Monthly Expenses Imagine you are the IT manager for Site 3 that had annual IT expenses of $42,500. Your site was above the target of $35,500 and you want to review your monthly expenses for each month of that year to determine in what months the over-expenditure occurred.

Write a python program that:

Calculates what the monthly target would be for each of the 12 months (assuming that the target is the same each month).

Assigns the monthly target value to a variable called monthly_target.

Uses a For Loop to ask for the input of monthly expenditures for 12 months (make sure your total monthly expenditures add to the $42,500 annual expense).

Compares the expense to the monthly target and uses an if statement to determine if the expense is Over, Under, or Exact to the monthly target for each entry.

Creates a three-column display showing the month and the expense entered for that month and a third column that says Over, Under, or Exact