1. Open the file named Furniture.cpp using Notepad or the text editor of your choice.

2. The file includes variable declarations and output statements. Read them carefully before you proceed to the next step.

3. Design the logic and write the C++ code that will use assignment statements to firstcalculate the profit, then calculate the sale price, and finally calculate the profit whenthe sale price is used. Profit is defined as the retail price minus the wholesale price.The sale price is 25 percent deducted from the retail price. The sale profit is defined asthe sale price minus the wholesale price. Perform the appropriate calculations as partof your assignment statements.

4. Save the source code file in a directory of your choice, and then make that directory your working directory.

5. Compile the program.

6. Execute the program. Your output should be as follows: Item Name: TV StandRetail Price: $325Wholesale Price: $200Profit: $125Sale Price: $243.75Sale Profit: $43.75

Furniture.cpp microsoft visual