Imagine you are developing a budget tracker application tailored for college students to manage their expenses. Your task is to create a simple C$++$ program that calculates the remaining balance after a series of expenses are deducted. Instructions: $1.$ Start by creating a C$++$ program with appropriate comments explaining each part of the code. $2.$ Declare variables to store the initial balance and various expenses $($e$.$g$.,$ rent, groceries, transportation, entertainment$).3.$ Use $`$cout$`$ statements to display a welcome message and instructions for the user. $4.$ Prompt the user to input the initial balance and each expense item. $5.$ Utilize appropriate data types $($e$.$g$.,`$int$`,`$float$`,`$double$`)$ based on the nature of the values being stored $($e$.$g$.,$ monetary values$).6.$ Implement arithmetic operators to calculate the remaining balance after deducting each expense from the initial balance. $7.$ Display the final remaining balance to the user. $8.$ Test your program with different input values to ensure accuracy. $9.$ Make sure your program is well$-$structured, with proper indentation and meaningful variable names. Example Output: Welcome to the College Budget Tracker! Please enter your initial balance: $$1000\mathrm{.}00$ Enter your monthly rent: $$500\mathrm{.}00$ Enter your grocery expenses: $$150\mathrm{.}00$ Enter your transportation costs: $$100\mathrm{.}00$ Enter your entertainment expenses: $$50\mathrm{.}00$ Your remaining balance is: $$200\mathrm{.}00$