Question
Australia is a great place to live, but it is also a land of high taxes. In 2002, individual citizens and residents of Australia paid
Australia is a great place to live, but it is also a land of high taxes. In 2002, individual citizens and residents of Australia paid the following income taxes:Taxable Income (in A%)Tax on This Income$0 -$6,000Nil.$6,001 -$20,00017for each $1 over $6,000$20,001 -$50,000$2,380 plus 30for each $1 over $20,000$50,001 -$60,000$11,380 plus 42for each $1 over $50,000Over $60,000$15,580 plus 47for each $1over $60,000In addition, a flat 1.5% Medicare Levy is charged to income. Write a program to calculate how much income tax a person will owe based on this information. The program should accept a total income figure from the user, and calculate the income tax, Medicare Levy, and total tax payable by the individual.Use total income $7000 and $70000 as examples, calculate the medicare levy, income tax, and total tax. Save the output in the word or pdf file.Requirements: 1.You must use an if-elseif-...-else-endconstruct.2.When the program is run the following should appear:This program calculates the taxes for Australia.Enter the persons total income:(calling the input function)3.Output should be as follows:For an income of $#.## the taxes are:---------------------------------------Medicare Levy => $#.##Income Tax => $#.##---------------------------------------Total Tax => $#.##
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