SummaryIn this lab, you complete the Python program that calculates the amount of tax withheld from an employee’s weekly salary, the tax deduction to which the employee is entitled for each dependent, and the employee’s take-home pay. The program output includes state tax withheld, federal tax withheld, dependent tax deductions, salary, and take-home pay.InstructionsSome variables have been assigned for you and the output statements have been written. Read the starting code carefully before you proceed to the next step.Write the Python code needed to perform the following:Calculate state withholding tax (stateTax) at 6.5 percentCalculate federal withholding tax (federalTax) at 28.0 percent.Calculate dependent deductions (dependentDeduction) at 2.5 percent of the employee’s salary for each dependent.Calculate total withholding (totalWithholding) as stateTax + federalTax + dependentDeduction.Calculate take-home pay (takeHomePay) as salary - totalWithholdingExecute the program by clicking the Run button at the bottom. You should get the following output:State Tax: $81.25 Federal Tax: $350.00000000000006 Dependents: $62.5 Salary: $1250.0 Take-Home Pay: $756.25In this program, the variables named salary and numDependents are initialized with the values 1250.0 and 2. To make this program more flexible, modify it to accept interactive input for salary and numDependents.

The salary and number of dependants are the only inputs for the program and we will then calculate…

Answered: In this lab, you complete the Python…

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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Summary

In this lab, you complete the Python program that calculates the amount of tax withheld from an employee’s weekly salary, the tax deduction to which the employee is entitled for each dependent, and the employee’s take-home pay. The program output includes state tax withheld, federal tax withheld, dependent tax deductions, salary, and take-home pay.

Instructions

Some variables have been assigned for you and the output statements have been written. Read the starting code carefully before you proceed to the next step.
Write the Python code needed to perform the following:
- Calculate state withholding tax (stateTax) at 6.5 percent
- Calculate federal withholding tax (federalTax) at 28.0 percent.
- Calculate dependent deductions (dependentDeduction) at 2.5 percent of the employee’s salary for each dependent.
- Calculate total withholding (totalWithholding) as stateTax + federalTax + dependentDeduction.
- Calculate take-home pay (takeHomePay) as salary - totalWithholding
Execute the program by clicking the Run button at the bottom. You should get the following output:State Tax: $81.25 Federal Tax: $350.00000000000006 Dependents: $62.5 Salary: $1250.0 Take-Home Pay: $756.25
In this program, the variables named salary and numDependents are initialized with the values 1250.0 and 2. To make this program more flexible, modify it to accept interactive input for salary and numDependents.

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