Given the following three list, how would you create a new list that matches the desired output printed below?pythonfruits = ['Apples', 'Oranges', 'Bananas']quantities = [5, 3, 4]prices = [1.50, 2.25, 0.89]#Desired output[('Apples', 5, 1.50),('Oranges', 3, 2.25),('Bananas', 4, 0.89)]

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Given the following three list, how would you create a new list that matches the desired output printed below?<br>python<br>fruits = ['Apples', 'Oranges', 'Bananas']<br>quantities = [5, 3, 4]<br>prices = [1.50, 2.25, 0.89]<br>#Desired output<br>[('Apples', 5, 1.50),<br>('Oranges', 3, 2.25),<br>('Bananas', 4, 0.89)]<br>