Calculations based on If Statements from dropdown field

Calculations based on If Statements from dropdown field

Hi Zoho,

I have a calculation that I need done only if a certain drop down field is selection (Yes/No option).

For example:

Drop down field - Is this a VAT customer?  Yes/No

If Yes:
Amount = 100
VAT Amount = Amount - (Amount / 1.19) 
Net Amount = Amount - (Amount - (Amount / 1.19)

If No
Amount = 100
VAT Amount = 0
Net Amount = Amount

Do you have any suggestions how I can reach this result?

Thank you