Date: 3/6/25 Final Replit Program Share Link: PART 1: Defining Your Problem Task State the problem you are planning to solve. Requirements Description of the Problem: I am planning to solve the problem of calculating and tracking individual expenses for a small group of friends who share monthly household expenses. Manually managing and splitting these expenses on paper is error-prone and time-consuming. Input Data: The input data will include group members' names, various household expenses (e.g., rent, utilities, groceries), and the amounts contributed by each member. The user will input this data through the console interface. Program Functionality: The program records and stores each expense entry against the respective contributing member and the associated amount. It also calculates each person's share of the total expenses and determines each participant's outstanding balance or surplus. Outputs: The program will output a detailed breakdown of each member's contributions, the total amount spent, and expense-sharing calculations. Additionally, it will display any remaining balance each member needs to pay or receive, ensuring fairness in expense sharing. Inspiration When writing your entry below, ask yourself the following questions: Is your problem clearly defined? The problem is clearly defined as managing and fairly distributing shared expenses among people. Why do you want to solve this particular problem? I want to solve this problem by simplifying how shared expe