Using COBOL, develop a company program by following these directions

Write a program to create a Customer Discount file for the ABC Company. If the customer buys an item for $500.00 or more they recieve a 5% discount. If they buy an item between $100 to $499.99 they receive a 2% discount. If the item costl less than $100.00 they recieve a 1% discount. The output file should contain the Cutomer Name, Original Cost of the product, the Discounted Amount, and the Net Amount. Make sure your output displays headings and edited picture clauses ($1,000.00)

Use the following input file data specifications:

Customer Name PIC X(20)

Cost of Product PIC 9(5)V99

Use the following input data

Sharon Johnson 10000.00

Crystal Harmon 545.90

Lillian Glover 75.50

Jeffrey Hughes 785.99

Gary Lewis 675.50

Diamond Eure 900.00

Loyld James 65.66

Bobby Jones 87.90

Carol Barnes 167.99

Vanessa Blue 10.00