Write a program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions:
Federal Income Tax 15% State Tax 3.5% Social Security Tax 5.75% Medicare Tax 2.75% Pension Plan 5% Health Insurance $75.00
Your program should prompt the user to input the gross amount and the employee name. The output will be stored in a file. Format your output to have two decimal places. A sample output follows:
Bill Robinson Gross Amount: $ 3575.00 Federal Tax: $ 536.25 State Tax: $ 125.13 Social Security Tax: $ 205.56 Medicare Tax: $ 98.31 Pension Plan: $ 178.75 Health Insurance: $ 75.00 Net Pay: $ 2356.00
