Need Python Code for the following function with comments and screenshot of the code:

1. Binary Search Iterative Write a function named binary_search_iterative, which takes the following two inputs: 1. list - An input list (sorted data) 2. item - An item to search in the list and return the index of item; -1 otherwise. >>> binary_search_iterative( [0, 1, 2, 8, 13, 17, 19, 32, 42], 3) -1 >>> binary_search_iterative( [0, 1, 2, 8, 13, 17, 19, 32, 42], 17) 5