Lab 10: Reading Text Files Introduction: Files are used in many applications to provide long-term storage of important data. For example, most financial records in banks are stored in MySQL or Oracle database files. Images on Flickr and other photo sharing sites are stored in jpeg files. Video clips on Netflix and YouTube are stored in mpeg files. Finally, a large number of papers and documents are stored in docx or pdf files. All of these data files store information in pre-defined formats that can only be read or written by specialized applications. In this lab, we will study how Java can be used to read and process text files. One advantage of text files is that the data is stored in a “human readable format” by storing characters using ASCII codes. As we will see, the Java methods for reading data from ASCII files are very similar to the methods we used to read user input from the keyboard. All of the Java methods for file I/O are in the following libraries: • java.util.Scanner • java.io.FileInputStream • the java.io.IOException Instructions: Consider the following Java code. The main program allocates two arrays for date and price data, and prompts the user to enter a sequence of date price values. When the user is finished entering data and hits “control-D” the data that was read into the arrays is printed to the screen. import java.util.Scanner; import java.io.FileInputStream; import java.io.IOException; public class Main { public static void main(String[] args) throws IOException { Scanner scnr = new Scanner(System.in); // Arrays for dates and prices String date[] = new String[1000]; double price[] = new double[1000]; int count = 0; // Read and store dates and prices System.out.println("Enter up to 1000 date and price values"); System.out.println("Hit control-D when finished"); while (scnr.hasNext()) { date[count] = scnr.next(); price[count] = scnr.nextDouble(); count++; } // Print date and price data for (int i=0; i