Language/Type: Java basics console output expressions variables

The following console program is redundant. Rewrite it to use variables and expressions so that calculations are not repeated.

public class Receipt { public static void main(String[] args) { // Compute total owed, assuming 8% tax and 15% tip System.out.println("Subtotal: " + (38 + 40 + 30)); System.out.println("Tax: " + (38 + 40 + 30) * .08); System.out.println("Tip: " + (38 + 40 + 30) * .15); System.out.println("Total: " + (38 + 40 + 30 + (38 + 40 + 30) * .08 + (38 + 40 + 30) * .15)); } }