The ability to use methods and variables from another class is critical to the Java programming language. This week inheritance and exception handling techniques are explored. Since performance is an issue with Exception handling is important to use them only for compiler checked errors. To identify the checked exceptions is essential to developing efficient coding.GoBank has been asked to go back and reprocess the loan payments for a car loan of $18,875. The car loan is a 0% interest loan. The loan is for 60 months. The customer does not believe the bank has the correct outstanding balance for her loan ($12,500). The customer has copies of 20 payments made to the bank. A clerk makes a copy of the payments and enters them into a file.To verify the banks total, read the file and write a program using a CarLoan class that extends the BankAccount class (found on page 671 – 672 in the textbook).The CarLoan class has the following features. An overload constructor that initializes the car loan balance. Create a text file with the following numbers.