The BMC Parts Company needs a program that will read the inventory.txt file and create an inventory report based on the data in the file. The inventory.txt file contains the part number, opening balance, number of items sold, and the minimum stock required. The output file, inventoryNeeded.txt, will contain the part number, current balance and the amount that is necessary to bring the inventory to the minimum level. In this assignment, students will design the logic for the program that reads the input file and creates the output file. Files provided include inventory.txt and the partially completed program inventoryNeeded.java. The program file provided includes the necessary variable declarations and input and output file statements. You need to write the part of the program that reads the input file, calculates the current balance and amount required to bring the inventory to the minimum level. Then output the part number, current balance and the amount needed to the output file.

inventory.txt file contains: QA310 95 47 50 CM145 320 162 200 MS514 34 20 25 EN212 163 150 160

Output file inventoryNeeded.txt should look like this

inventory Needed Notepad File Edit Format View Help Part Number: QA310 Current Balance: 48 Amount Needed: 2 Part Number CM145 Current Balance: 158 Amount Needed: 42 Part Number MS514 Current Balance: 14 Amount Needed: 11 Part Number EN212 Current Balance: 13 Amount Needed: 147