Assignment 5(20 points)Assignment 5: Taxes and CreditInstructionsSave this file in your course folder, and name it with Assignment, the section number,and your first initial and last name. For example, Jessie Robinson's assignment forSection 1 would be named Assignment1JRobinson.Type the answers to the assignment questions below. Use complete sentences unlessthe question says otherwise. You will have more than one day to complete anassignment. At the end of each day, be sure to save your progress.Review Lesson 4 of the Course Overview for instructions about turning in yourassignments.Assignment QuestionsIn Section 5, you learned about taxes and credit. Now, you'll apply what youlearned.TIP: If you want, you can practice filling out the 1040 tax form, but don't turnthe tax form in to your instructor. The information on that form is personal andshould be kept private.