Question: Python: The status should be entered as a string and the income as a float. The amount of taxes should be displayed with two digits

Python: The status should be entered as a string and the incomePython: The status should be entered as a string and the income as a float. The amount of taxes should be displayed with two digits after the decimal point.

When prompting the user you must always include text which lets the user know what should be inputted. Write a program that computes taxes for the following schedule. but not over the tax is of the amount over If your status is Single and if the taxable income is over $0 $8,000 10% $0 $8,000 $32,000 $800 + 15% $8,000 $32,000 $4,400 + 25% $32,000 If your status is Married and if the taxable income is over but not over the tax is of the amount over $0 $16,000 10% $0 $16,000 $64,000 $1,600 + 15% $16,000 $64,000 $8,800 + 25% $64,000 The status should be entered as a string and the income as a float. The amount of taxes should be displayed with two digits after the decimal point. Example program runs: Enter your status (Single or Married) : Married Enter your taxable income: 0 You owe $0.00 in tax. >>> === ========= RESTART: C:/CIS150/Python/Chapter Enter your status (Single or Married): Single Enter your taxable income: 44732.66 You owe $7583.17 in tax. >>> ============= RESTART: C:/CIS150/Python/Chapter Enter your status (Single or Married) : Married Enter your taxable income: 44732.66 Vou je Ssangan in tay

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