Question: FIRST WRITE AN ALGORITHM! (use a do-while) In one state, single residents are subject to the following income tax: Taxable Income Amount of Tax charged

FIRST WRITE AN ALGORITHM!

(use a do-while) In one state, single residents are subject to the following income tax:

Taxable Income

Amount of Tax charged

Less than $2,250

1% of income

$2,250 - $5,250

$37.50 + 3% of amount over $2,250

$5,250 - $10,000

$142.50 + 5% of amount over $5,250

$10,000 and above

$230.00 + 7% of amount over $10,000

In C, write a program that will calculate the tax charged when the user enters an income amount.

Your program should allow the user to make as many calculations as he wishes and it will stop when the user enters the value -1.

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