(PLEASE DO THIS FOR PYTHON) Design (pseudocode) that reads from the user annual income, as integer value, and calculates the income tax based on the tax table below.

Income	Tax bracket
Annual income <= $50,000	5%
$50,000 < Annual income <= $200,000	10%
$200,000 < Annual income <= $400,000	15%
$400,000 < Annual income <= $900,000	25%
$900,000 < Annual income	35%

The program output should include the entered annual income followed by the applied tax bracket and the tax amount. Document your code and properly label the input prompts and the outputs as shown below.

Note: Taxes are computed based on brackets. For example, if ones income falls in the 25% bracket, the first $50,000 is taxed at 5% rate, the next $150,000 is taxed at the 10% rate, the next $200,000 is taxed at 15% rate, and the remaining income is taxed at the 25% rate. See sample run 3 below.

Sample run 1:

Annual Income: $25,000

Tax Bracket: 5%

Tax due amount: $1250

Sample run 2:

Annual Income: $350,000

Tax Bracket: 15%

Tax due amount: $40,000

Sample run 3:

Annual Income: $800,000

Tax Bracket: 25%

Tax due amount: $147500

Sample run 4:

Annual Income: $1,000,000

Tax Bracket: 35%

Tax due amount: $207,500