REPLY IN PYTHON

3. Contoso Taxes Contoso needs a program that will calculate and display taxes for a home purchase. This program will calculate the total taxes owed, federal taxes, and state taxes. The program will get from the user a purchase price. The state tax is 6 percent and the federal tax is 3.5 percent. The program will display the purchase price, the state tax, the federal tax, the total tax, and the total of the sale. Use named constants for tax rates.

** Use the value 0.035 to represent 3.5 percent, and 0.06 to represent 6 percent.