Understanding Sequential Statements

Question

In this lab, you complete a C++ program with the provided data files. The program calculates the amount of tax withheld from an employee’s weekly salary, the tax deduction to which the employee is entitled for each dependent, and the employee’s take- home pay. The program output includes state tax withheld, federal tax withheld, dependent tax deductions, salary, and take-home pay.

Instructions

1. Ensure the source code file named Payroll.cpp is open in the code editor.
2. Variables have been declared and initialized for you as needed, and the input and output statements have been written. Read the code carefully before you proceed to the next step.
3. Write the C++ code needed to perform the following:
4. Calculate state withholding tax (stateTax) at 6.5 percent
5. Calculate federal withholding tax (federalTax) at 28.0 percent.
6. Calculate dependent deductions (dependentDeduction) at 2.5 percent of the employee’s salary for each dependent.
7. Calculate total withholding (totalWithholding) as stateTax + federalTax + dependentDeduction.
8. Calculate take-home pay (takeHomePay) as salary - totalWithholding.
9. Compile and execute your program by clicking the Run button. You should get the following output:

State Tax: $81.25

Federal Tax: $350

Dependents: $62.5

Salary: $1250

Take-Home Pay: $756.2

Answer 1

using namespace std;

#include <iostream>

//high tax rates!

const float stateTaxPercent = 0.065;

const float federalTaxPercent = 0.28;

const float dependentDeductionPercent = 0.025;

Go()

{

float salary;

int numDeductions;

cout << "Please input the salary:>";

cin >> salary;

cout <<" How many deductions ?? :>";

cin >> numDeductions;

float stateTax = stateTaxPercent*salary;

float federalTax = federalTaxPercent*salary;

float dependants = numDeductions*dependentDeductionPercent*salary;

float totalWitheld = stateTax+federalTax+dependants;

float takeHomePay = salary - totalWitheld;

cout << "Salary: " << salary << endl;

cout << "State tax: " << stateTax << endl;

cout << "Federal tax: " << federalTax << endl;

cout << "Dependents: " << dependants << endl;

cout << "Total witheld: " << totalWitheld << endl;

cout << "Take-home pay: " << takeHomePay << endl;

}