In this lab, you complete a partially written Java program that is provided for you. The program, which was written for a furniture company, prints the name of the furniture item, its retail price, its wholesale price, the profit made on the piece of furniture, a sale price, and the profit made when the sale price is used.
1. Open the file named Furniture. java using Notepad or the text editor of your choice.
2. The file includes variable declarations and output statements. Read them carefully before you proceed to the next step.
3. Design the logic that will use assignment statements to first calculate the profit, then calculate the sale price, and finally calculate the profit when the sale price is used. Profit is defined as the retail price minus the wholesale price. The sale price is 25 percent deducted from the retail price. The sale profit is defined as the sale price minus the wholesale price.
Perform the appropriate calculations as part of your assignment statements.
4. Save the source code file in a directory of your choice, and then make that directory your working directory.
5. Compile the program.
6. Execute the program. Your output should be as follows:

• Item Name: TV Stand
• Retail Price: $325.0
• Wholesale Price: $200.0
• Prot: $125.0
• Sale Price: $243.75
• Sale Prot: $43.75