please answer this question using python 3. Submit function: reads the five inputs, calls the functions listed below as needed, and displays tax. Inputs # of jobs: income : # of children: Is Married?: Is Student? : Outputs: tax functions Required 1. count_regular_exemptions() Calculates number of regular exemptions. Everyone starts with one exemption If no jobs, you get one more exemption If you have one job: You get one more exemption if you are married, or if you are a single student. If you have more than one job: You get one more exemption if your income is less than 1500. 2. count_child_exemptions() Calculates number of child credit exemptions. If your income is less than $70,000 : You get 4 times the number of children as the number of exemptions. Example: income 60,000 with 3 children: 4 * 3 = 12 exemptions If your income is at or above $70,000 : You get one additional exemption for every 2 kids. That is: 0 exemptions for 1 child, 1 for 2 children, 1 for 3, 2 for 4 and 5 children, 3 for 6 and 7 children, etc. 3. compute_taxable_income() Calculates the taxable income. Each child exemption is worth $1000. Each regular exemption is worth $2000. exemption amount is the sum of child exemption amount and regular exemption amount, each computed using the counts and unit exemptions above. Taxable income = Income - Exemption amount 4. compute_tax_rate Determine tax rate based on taxable income. Find the tax rate based on the table below. Rate Single Married 10% Up to,including, 38,000 Up to and including $78,000 15% Above 38,000 Above 78,000 tax is determined using taxable income and tax rate. 5. compute_deduction Calculate deduction amount to be subtracted from tax. Deduction amount starts at 0 dollars. if student and income < $80,000: $2000 if student and income < $57,000: $3000 The income referred to above is the ‘income’ input by the user. Not taxable income. tax is updated by subtracting any deduction amount from tax. If tax < 0: set tax due to $0.00. Output format: Your estimated taxes due are: $XXXX Summary: Show average tax for students, and the number of taxpayers. Use a function to compute the average. Reset: Getting ready for a new series of inputs. Additional features: revisit and optimize the if statements to be as efficient as possible Include counts of: married students, single students, and non-student taxpayers in summary #main quit = False while not quit: print('1.Submit 2.Summary 3.Reset 4.Exit') choice = int(input('Enter choice: ')) if choice == 1: submit() elif choice == 2: summary() elif choice == 3: reset() elif choice == 4: quit = True else: print('Invalid Choice!')

please answer this question using python 3. Submit function: reads the five inputs, calls the functions listed below as needed, and displays tax. Inputs # of jobs: income : # of children: Is Married?: Is Student? : Outputs: tax functions Required 1. count_regular_exemptions() Calculates number of regular exemptions. Everyone starts with one exemption If no jobs, you get one more exemption If you have one job: You get one more exemption if you are married, or if you are a single student. If you have more than one job: You get one more exemption if your income is less than 1500. 2. count_child_exemptions() Calculates number of child credit exemptions. If your income is less than $70,000 : You get 4 times the number of children as the number of exemptions. Example: income 60,000 with 3 children: 4 * 3 = 12 exemptions If your income is at or above $70,000 : You get one additional exemption for every 2 kids. That is: 0 exemptions for 1 child, 1 for 2 children, 1 for 3, 2 for 4 and 5 children, 3 for 6 and 7 children, etc. 3. compute_taxable_income() Calculates the taxable income. Each child exemption is worth $1000. Each regular exemption is worth $2000. exemption amount is the sum of child exemption amount and regular exemption amount, each computed using the counts and unit exemptions above. Taxable income = Income - Exemption amount 4. compute_tax_rate Determine tax rate based on taxable income. Find the tax rate based on the table below. Rate Single Married 10% Up to,including, 38,000 Up to and including $78,000 15% Above 38,000 Above 78,000 tax is determined using taxable income and tax rate. 5. compute_deduction Calculate deduction amount to be subtracted from tax. Deduction amount starts at 0 dollars. if student and income < $80,000: $2000 if student and income < $57,000: $3000 The income referred to above is the ‘income’ input by the user. Not taxable income. tax is updated by subtracting any deduction amount from tax. If tax < 0: set tax due to $0.00. Output format: Your estimated taxes due are: $XXXX Summary: Show average tax for students, and the number of taxpayers. Use a function to compute the average. Reset: Getting ready for a new series of inputs. Additional features: revisit and optimize the if statements to be as efficient as possible Include counts of: married students, single students, and non-student taxpayers in summary #main quit = False while not quit: print('1.Submit 2.Summary 3.Reset 4.Exit') choice = int(input('Enter choice: ')) if choice == 1: submit() elif choice == 2: summary() elif choice == 3: reset() elif choice == 4: quit = True else: print('Invalid Choice!')

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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Question

please answer this question using python 3.

Submit function:

reads the five inputs, calls the functions listed below as needed, and displays tax.

Inputs

# of jobs:

income :

# of children:

Is Married?:

Is Student? :

Outputs: tax

functions Required

1. count_regular_exemptions()

Calculates number of regular exemptions.

Everyone starts with one exemption
If no jobs, you get one more exemption
If you have one job:

You get one more exemption if you are married, or if you are a single student.

If you have more than one job:

You get one more exemption if your income is less than 1500.

2. count_child_exemptions()

Calculates number of child credit exemptions.

If your income is less than $70,000 : You get 4 times the number of children as the number of exemptions. Example: income 60,000 with 3 children: 4 * 3 = 12 exemptions
If your income is at or above $70,000 : You get one additional exemption for every 2 kids. That is: 0 exemptions for 1 child, 1 for 2 children, 1 for 3, 2 for 4 and 5 children, 3 for 6 and 7 children, etc.

3. compute_taxable_income()

Calculates the taxable income.

Each child exemption is worth $1000.

Each regular exemption is worth $2000.

exemption amount is the sum of child exemption amount and regular exemption amount, each computed using the counts and unit exemptions above.

Taxable income = Income - Exemption amount

4. compute_tax_rate

Determine tax rate based on taxable income.

Find the tax rate based on the table below.

Rate	Single	Married
10%	Up to,including, 38,000	Up to and including $78,000
15%	Above 38,000	Above 78,000

tax is determined using taxable income and tax rate.

5. compute_deduction

Calculate deduction amount to be subtracted from tax.

Deduction amount starts at 0 dollars.

if student and income < $80,000: $2000
if student and income < $57,000: $3000

The income referred to above is the ‘income’ input by the user. Not taxable income.

tax is updated by subtracting any deduction amount from tax.

If tax < 0: set tax due to $0.00.
Output format: Your estimated taxes due are: $XXXX

Summary:
Show average tax for students, and the number of taxpayers. Use a function to compute the average.

Reset: Getting ready for a new series of inputs.

Additional features:

revisit and optimize the if statements to be as efficient as possible
Include counts of: married students, single students, and non-student taxpayers in summary

#main

quit = False

while not quit:

print('1.Submit 2.Summary 3.Reset 4.Exit')

choice = int(input('Enter choice: '))

if choice == 1:

submit()

elif choice == 2:

summary()

elif choice == 3:

reset()

elif choice == 4:

quit = True

else:

print('Invalid Choice!')

Expert Solution

Step 1: Here is the algorithm of the code:

Initialize the following variables:
- num_married_students = 0
- num_single_students = 0
- num_non_student_taxpayers = 0
- total_tax_students = 0
- total_tax_taxpayers = 0

Define a function count_regular_exemptions that takes num_jobs, income, is_married, and is_student as input. a. Set exemptions to 1. b. If num_jobs is 0, increment exemptions by 1. c. If num_jobs is 1:
- If is_married or is_student is true, increment exemptions by 1.
- If income is less than 1500, increment exemptions by 1. d. If num_jobs is greater than 1 and income is less than 1500, increment exemptions by 1. e. Return the calculated exemptions.

Define a function count_child_exemptions that takes income and num_children as input. a. If income is less than 70000, return 4 times the number of children. b. Otherwise, return the integer division of num_children by 2.
Define a function compute_taxable_income that takes income and exemptions as input. a. Calculate the child_exemption_amount as 1000 times the child exemptions. b. Calculate the regular_exemption_amount as 2000 times the regular exemptions. c. Calculate the total_exemption_amount as the sum of child_exemption_amount and regular_exemption_amount. d. Return the difference between income and total_exemption_amount as the taxable income.
Define a function compute_tax_rate that takes taxable_income and is_married as input. a. If is_married is true and taxable_income is less than or equal to 78000, return 0.10. b. If is_married is true and taxable_income is greater than 78000, return 0.15. c. If is_married is false and taxable_income is less than or equal to 38000, return 0.10. d. If is_married is false and taxable_income is greater than 38000, return 0.15.
Define a function compute_deduction that takes is_student and income as input. a. Set deduction_amount to 0. b. If is_student is true and income is less than 80000, set deduction_amount to 2000. c. If is_student is true, income is less than 57000, and deduction_amount is already set to 2000, update deduction_amount to 3000. d. Return the deduction_amount.
Define a function submit that takes no input. a. Within submit: i. Prompt the user for input: num_jobs, income, num_children, is_married, and is_student. ii. Calculate exemptions using count_regular_exemptions and count_child_exemptions functions. iii. Calculate taxable_income using compute_taxable_income function. iv. Calculate tax_rate using compute_tax_rate function. v. Calculate tax as taxable_income multiplied by tax_rate. vi. Calculate deduction using compute_deduction function. vii. Subtract deduction from tax and ensure it is non-negative. viii. Display the estimated taxes due. ix. Update counts and total tax for the summary.
Define a function summary that takes no input. a. Within summary: i. Calculate the average tax for students and display it. ii. Display the number of taxpayers - married students, single students, and non-student taxpayers, and the total count.
Define a function reset that takes no input. a. Within reset: i. Reset all count variables to 0.
Implement the main program using a while loop: a. Display a menu with options for submission, summary, reset, and exit. b. Prompt the user for a choice. c. Based on the user's choice, call the appropriate function: submit, summary, reset, or exit the program. d. Handle invalid choices by displaying an error message.
End the algorithm.

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