Memebers of board of a small univerisity are thinking of voting for pay increase for their 25 faculty members. They are thinking of pay increase of 8%. Though, before doing so, they wish to know how much this pay increase will cost. Create the algorithm which will prompt for and accept current salary for each of faculty members, then compute and show their individual pay increases. At the end of algorithm, print total faculty payroll before and after pay increase, and total pay increase involved.