IN JAVA

Using Java I/O streams, write a program that opens the file "read.txt.

Reads the data from the file into a class object. You will need to create a class object , and then, an array to store the information.

Calculates the followings, and write the entire information back into a file called output.txt

NetIncome = Price Sold Total Cost

Taxes = 30% of NetIncome

P&L= NetIncome Taxes

% Gain/Loss = Price Sold/Total Cost

Sample Data

read.txt

Property Name	Purchased Price ($)	Rehab Cost ($)	TotalCost ($)	Price Sold($)
1024 BROWN STREET	$33,000	$0	$33,000	$18,300
112 Alvil Road	$80,000	$50,419	$130,419	$133,061
113 CYPRESS DRIVE	$109,600	$30,266	$139,866	$149,269
124 Bradley Circle	$133,302	$75,693	$208,995	$196,807
135 WHITBURN PLACE	$69,700	$32,394	$102,094	$117,581
138 BROOKSIDE BLVD	$100,000	$48,462	$148,462	$162,171

Sample Output.txt

Property Name	Purchased Price ($)	Rehab Cost ($)	TotalCost ($)	Price Sold($)	NetIncome($)	Taxes ($)	$(P&L)	% Gain/Loss
1024 BROWN STREET	$33,000	$0	$33,000	$18,300	($14,700)	$0	($14,700)	-45%
112 Alvil Road	$80,000	$50,419	$130,419	$133,061	$2,642	$793	$1,849	1%
113 CYPRESS DRIVE	$109,600	$30,266	$139,866	$149,269	$9,403	$0	$9,403	7%
124 Bradley Circle	$133,302	$75,693	$208,995	$196,807	($12,188)	$0	($12,188)	-6%
135 WHITBURN PLACE	$69,700	$32,394	$102,094	$117,581	$15,488	$4,646	$10,841	11%
138 BROOKSIDE BLVD	$100,000	$48,462	$148,462	$162,171	$13,709	$4,113	$9,596	6%

Don't worry about tables. Output should be in basic text file and have same attributes as shown in read and output file