JAVA_HA4.0: Payroll Console Write an application (PayrollConsole.java) that read

Question

JAVA_HA4.0: Payroll Console Write an application (PayrollConsole.java) that reads the following information and prints a payroll statement: Employee's name (e.g., John Doe) Number of hours worked in a week (e.g., 10.50) Hourly pay rate (e.g., 7.25) Federal tax withholding rate (eg, 2096) State tax withholding rate (eg, 9%) Note that this application will use console input and output. A sample run of the console input and output is shown below: number of hours worked in a week:10 hourly pay rate: 7.25 Enter federal tax withholding rate: 0.20 state tax withholding rate: 0.09 Name: John Doe Worked: 10.50 Rate: $7.25 Pay: $76.13 Federal Withholding (20.00%): $15.23 State Withholding (9.00%): $6.85 Total Deduction: $22.08 $54.05 Notes . All numbers are double type numbers and in the output, each number keeps only two digits on the right of the decimal point. 20.00% and 9.00% in the output should be dynamic, not static, which means when the end user input 0.25 for the "federal tax withholding rate," the output should show 25.00% instead of 20.00%. . Your calculation results might be a little bit different (typically the last digit) from the above results even when identical numbers are entered. This is because floating-point numbers are not stored precisely Submit the source code file PayrollConsole.java to the drop box HA4.0

Explanation / Answer

/* Name this file with "PayrollConsole.java" */

import java.io.*;

import java.text.DecimalFormat;

class PayrollConsole

{

public static void main (String[] args) throws java.lang.Exception

{

String name;

Double hours,hrate,frate,srate,gross;

BufferedReader input = new BufferedReader (new InputStreamReader (System.in));

System.out.println("Enter employee's name: ");

name=input.readLine();

System.out.println("Enter number of hours worked in a week: ");

hours=Double.parseDouble(input.readLine());

System.out.println("Enter hourly pay rate: ");

hrate=Double.parseDouble(input.readLine());

System.out.println("Enter federal tax withoulding rate: ");

frate=Double.parseDouble(input.readLine());

System.out.println("Enter state tax withoulding rate: ");

srate=Double.parseDouble(input.readLine());

gross=hrate*hours;

DecimalFormat df = new DecimalFormat("0.00");

System.out.println(" Employee Name: "+name+" Hours Worked: "+df.format(hours));

System.out.println("Pay Rate: $"+hrate+" Gross Pay: $"+df.format(gross));

System.out.println("Deductions: Federal Withholding ("+df.format(frate*100)+"%): $"+df.format((frate*gross)));

System.out.println(" State Withholding ("+df.format(srate*100)+"%): $"+df.format((srate*gross)));

System.out.println(" Total Deduction: $"+df.format(((frate+srate)*gross)));

System.out.println("Net Pay: $"+df.format(gross*(1-frate-srate)));

}

}

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