Write a Java program to calculate and print the monthly paycheck for an employee. The net pay is calculated after taking the following deductions:

Federal income tax = 15% State income tax = 5% Social security tax = 5% Medicare/Medicaid = 3% Pension plan = 8% Health insurance = $125.00

Your program should ask the user to input the employee ID, last name, first name, and the earnings (gross amount) for current month. The output should be the net pay, after deductions. Format the output to have 2 decimal places. NOTE: This is all about formatting the output

Sample output:

Employee ID: 12345 Employee Name: John Doe ====================================== EARNINGS 4500.00 Federal Tax 675.00 State Tax 225.00 Social Security 225.00 Medicare/Medicaid 135.00 Pension Plan 360.00 Health Insurance 125.00 ====================================== NET PAY 2755.00