Using C++

Part 5: Progressive Tax calculator A country people have to pay more or less taxes. Their first $ 5,000 are tax free For everything over up to $ 10.000 they have to pay 10% For everything over $ 10,000 up to $ 20,000 they have to pay 15% For everything over $ 20,000 up to $ 30,000 they have to pay 20% For everything over $ 30,000 they have to pay 30% As you can probably guess, your job is to write a tax calculation program that will calculate they amount of taxes for a given income. Read the requirements carefully! It's easy to skim them and get the requirements wrong. Tax for $7500 is $250, not $750; tax for $15000 is $1250. If your program doesn't give those values, then reread the assignment and think. And ask a friend in the class, or the TA or one of the tutors, if you're having trouble. has a progressive tax. Depending on the income, the $ 5,000 Part 5a Do not start programming yet!. Sit down and think first. Determine the data (variables and constants) you need, what you need to get from the user, and the steps needed to solve the problem. Write the pseudo-code for the program on the computer (you can create a txt file in VS). Work out the answer for several values, so you have some numbers to test your code with. Then trace through your algorithm by hand, and make sure that it produces the same answers. The pseudocode you write will make good comments to document your code Part 5b Once you have the pseudo-code, you may work on the actual program Additional requirements:.Name your program tax_burden.cpp. Please include your name, course and a brief description in the header comments. . Please indent your program properly. Since you are outputting a monetary value, please format the result properly (2 digits after the decimal point)