Question: Write the pseudocode to solve the following problem: Assume that each input record contains a taxpayer's name, the value of a personal property belonging to

 Write the pseudocode to solve the following problem: Assume that each

Write the pseudocode to solve the following problem: Assume that each input record contains a taxpayer's name, the value of a personal property belonging to the taxpayer and a code defining the type of personal property owned. Each type of property is taxed at a unique rate. The codes, property taxes, and tax rates follow: Tax Rate 2 percent of value 4 percent of value 5 percent of value CodeProperty Type Bike Car Truck 2 3 Your program is to compute the tax for each property and to output a line specifying the taxpayer's name, value of property and tax. the program should output counts of the numbers of bikes, cars, and trucks for which taxes are computed. Include an initial IF statement. Output an error message if the input contains an invalid code value. assume a code of 0 indicates the end of the input file. DO Not use a Sequential IF statement that stops after each pass, do a MULTIPLE alternative. If a sequential is used 10 points will be deducted automatically

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