Write a Java program to manage a simple inventory system for a store. The inventory information is stored in a text file named "inventory.txt." Each line in the file represents an item with the following format: "ItemID, ItemName, Quantity, Price." The program should allow the user to add new items, update the quantity of existing items, and display the total value of the inventory. Ensure that the program checks for the existence of "inventory.txt" and handles cases where the file is empty. Utilize functions to organize yo code effectively, with comments explaining each function's purpose. You can use data structures like HashMap or ArrayList to store and manipulate inventory data. The program should output the updated inventory information to a file named "updated_inventory.txt." Ex: inventory.txt: 1, Laptop, 10, 800 2, Smartphone, 20, 500 3, Headphones, 30, 50 (updated_inventory.txt after adding 5 Tablets and updating Laptop quantity to 15) 1, Laptop, 15, 800 2, Smartphone, 20, 500 3, Headphones, 30, 50 4, Tablet, 5, 300

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Write a Java program to manage a simple inventory system for a store. The inventory
information is stored in a text file named "inventory.txt."
Each line in the file represents an item with the following format: "ItemID, ItemName,
Quantity, Price."
The program should allow the user to add new items, update the quantity of existing
items, and display the total value of the inventory.
Ensure that the program checks for the existence of "inventory.txt" and handles cases
where the file is empty.
Utilize functions to organize your code effectively, with comments explaining each
function's purpose.
You can use data structures like HashMap or ArrayList to store and manipulate
inventory data.
The program should output the updated inventory information to a file named
"updated_inventory.txt."
Ex:
inventory.txt:
1, Laptop, 10, 800
2, Smartphone, 20, 500
3, Headphones, 30, 50
(updated_inventory.txt after adding 5 Tablets and updating Laptop quantity to 15)
1, Laptop, 15, 800
2, Smartphone, 20, 500
3, Headphones, 30, 50
4, Tablet, 5, 300
Transcribed Image Text:Write a Java program to manage a simple inventory system for a store. The inventory information is stored in a text file named "inventory.txt." Each line in the file represents an item with the following format: "ItemID, ItemName, Quantity, Price." The program should allow the user to add new items, update the quantity of existing items, and display the total value of the inventory. Ensure that the program checks for the existence of "inventory.txt" and handles cases where the file is empty. Utilize functions to organize your code effectively, with comments explaining each function's purpose. You can use data structures like HashMap or ArrayList to store and manipulate inventory data. The program should output the updated inventory information to a file named "updated_inventory.txt." Ex: inventory.txt: 1, Laptop, 10, 800 2, Smartphone, 20, 500 3, Headphones, 30, 50 (updated_inventory.txt after adding 5 Tablets and updating Laptop quantity to 15) 1, Laptop, 15, 800 2, Smartphone, 20, 500 3, Headphones, 30, 50 4, Tablet, 5, 300
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