IN JAVA

Using Java I/O streams, write a program that opens the file "read.txt.

Reads the data from the file into a class object. You will need to create a class object , and then, an array to store the information.

Calculates the followings, and write the entire information back into a file called output.txt

NetIncome = Price Sold Total Cost

Taxes = 30% of NetIncome

P&L= NetIncome Taxes

% Gain/Loss = Price Sold/Total Cost

There should be total in output file. Picture above shows read.txt file and output file after calculations

if you need data of read.txt file

Purchased Rehab Cost ($) TotalCost ($) Price Sold($)

Price ($)

1024 BROWN STREET $33,000 $0 $33,000 $18,300

112 Alvil Road $80,000 $50,419 $130,419 $133,061

113 CYPRESS DRIVE $109,600 $30,266 $139,866 $149,269

124 Bradley Circle $133,302 $75,693 $208,995 $196,807

135 WHITBURN PLACE $69,700 $32,394 $102,094 $117,581

138 BROOKSIDE BLVD $100,000 $48,462 $148,462 $162,171

141 Cross Avenue $90,000 $5,247 $95,247 $117,004

1529 seton $157,000 $36,671 $193,671 $155,743

16 MALVERN ROAD $108,000 $53,589 $161,589 $184,082

1642 COLEMAN STREET $49,000 $30,398 $79,398 $119,040

19 Mavista Circle $19,106 $59,702 $78,808 $46,062

200 BEAU TREE DRIVE $300,000 $83,457 $383,457 $362,000

21 CREEK LANE $106,000 $0 $106,000 $120,600

21 MAPLEWOOD LANE $172,000 $71,665 $243,665 $294,846

Total Houses Sold: 14 $1,526,708 $577,961 $2,104,669 $2,176,567