Please show a step by step way method of obtaining the answer and include comments if possible. Thanks!

The C program below prints out a number's representation in single-precision IEEE 754 (normalized only). The question below asks about the fragment of code between CHECKPOINT A and CHECKPOINTB include cstdio.h int nain) flcat number, magnitude, coefficient, fraction; int sign, exponent, powerofTo, n canf, number) CHECKPODIT A if (number printfC e) nagnitude number ) else ( printf("1" exponent 127 if (nagnitude1) for (coefficient magnitude; coefficient 2; coefficient coefficient/2) exponent exponent 1; else for (coefficient magnitude; coefficient