In Java, This is calculating a simple federal tax. Read the annual income of a family (say $97,896.79), number of deductions (say there are 4 people in the family and hence there are 4 deductions), the amount per person of deduction (say $12000 per person), and the tax rate (say a fixed 13.5%). Calculate the net income (net income = annual income number of deductions * amount of deduction = 97896.79 4*12000 = 97896.79 48000 = 49896.79), federal tax = net income * tax rate = 49896.79 * 0.135 = 6736.07. Print all the details with amounts to two decimal places.