Write a program that, given gross pay, calculates the payroll taxes and net pay. Input Your program will ask the user for two inputs: the gross pay and number of exemptions claimed. Details The net pay is calculated by subtracting the payroll taxes from the gross pay. The payroll taxes are determined as follows: Federal tax is 15% of the gross pay PLUS the number of exemptions claimed multiplied by 1000. In addition to the federal tax, two other taxes will be subtracted from the gross pay. These are the FICA and Medicare taxes. FICA will be 6.5% of the gross pay, and Medicare will be 1.4% of the gross pay. For this homework assignment, you must use all integers for your numeric variables. No double/float types. This means you will have to properly write the percentages using integer literals.
Write a program that, given gross pay, calculates the payroll taxes and net pay. Input Your program will ask the user for two inputs: the gross pay and number of exemptions claimed. Details The net pay is calculated by subtracting the payroll taxes from the gross pay. The payroll taxes are determined as follows: Federal tax is 15% of the gross pay PLUS the number of exemptions claimed multiplied by 1000. In addition to the federal tax, two other taxes will be subtracted from the gross pay. These are the FICA and Medicare taxes. FICA will be 6.5% of the gross pay, and Medicare will be 1.4% of the gross pay. For this homework assignment, you must use all integers for your numeric variables. No double/float types. This means you will have to properly write the percentages using integer literals.
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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Must be written with basic Java code.

Transcribed Image Text:Basic Math and Sequential Flow
Write a program that, given gross pay, calculates the payroll taxes and net pay.
Input
Your program will ask the user for two inputs: the gross pay and number of exemptions claimed.
Details
The net pay is calculated by subtracting the payroll taxes from the gross pay. The payroll taxes are determined as
follows:
Federal tax is 15% of the gross pay PLUS the number of exemptions claimed multiplied by 1000.
In addition to the federal tax, two other taxes will be subtracted from the gross pay. These are the FICA and
Medicare taxes. FICA will be 6.5% of the gross pay, and Medicare will be 1.4% of the gross pay.
For this homework assignment, you must use all integers for your numeric variables. No double/float types. This
means you will have to properly write the percentages using integer literals.

Transcribed Image Text:Output
The output of your program should look as close as possible to the following sample run.
Enter the gross wages =-> 25000
Enter the number of exemptions ==> 1
Paycheck
Gross
$ 25000
Federal Tax.....S 4750
FICA.
$ 1625
Medicare.
350
Net Pay.
....s 18275
Done? Check the requirements again to be sure!
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