Java Code

(9 pts) Problem 2 Within your Lab3 folder, write a program named TaxCalculator.java that takes user input for income earned and computes the tax owed and effective tax rate. Your program should also provide a bracket- by-bracket breakdown of how the tax owed was computed. Verify that your program works correctly using the examples here, as well as your own test cases. Here's an example of what your completed program might look like when you run it. Underlined parts indicate what you type in as the program is running, What was your 2019 income? 100000 First $9700: $970.0 $9700 - $39475: $3573.0 $39475 - $84200: $9839.5 $84200 - $160725: $3792.0 Total tax owed: $18174.5 Effective tax rate: 18.1745%