Read the following requirements, first write pseudo code based on your understanding, and then develop a Java application program based on your pseudo code.
- The program will first ask users to key in their taxable annual income.
- Depending on the income level, the program will calculate the tax owed. Using the following table as reference:
Income tax bracket percentage:
0$8,500: 10%
$8,500$34,500: 15%
$34,500$83,600: 25%
$83,600$174,400: 28%
$174,400$379,150: 33%
$379,150 and above: 35%
Hint: use the following as reference to write if and else statement.
The following items will be assessed in particular:
- Ability to use pseudo code.
- Ability to use a selection statement in Java.
- Ability to use a repetitive statement in Java.