Question: Generate a Flowchart that outlines the algorithm that does the following for a simple financial company: 2 . Accepts the maximum 5 - word description

Generate a Flowchart that outlines the algorithm that does the following for a simple financial company:2. Accepts the maximum 5-word description of the transaction.3. Accepts the amount of funds received.4. Accept the payment type being done. They can perform any one of three types of payments. Payment Type:a. Business owner (multiply the funds received by 0.55),b. Supplier (multiply the funds received by 0.25)c. Commissions (multiply the funds received by 0.20).5. Based on the evaluation type selected the specific calculation must be performed.6. The transaction description and the total payment amount should be the output.

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