Activity 1.3 Modify the following program to demonstrate the following: 1: prompt for monthly tips and display annual income including tips 2: taxed amount. Assume a flat rate of 3.25% tax on pay and 5.75% tax on tips\\ 3: display total salary in terms of dollars and cents [ ] # Activity 1.3 # This program demonstrates how a floating-point # number can be displayed as currency. monthly_pay = 100.34 annual_pay = monthly_pay * 12 print( 'Your annual pay is $' , \\ format (annual_pay, ' , . of' ), \\ sep=' ' )