(Salary Calculator) Develop a Java application that determines the gross pay for each of three employees. The company pays straight time for the first 40 hours worked by each employee and time and a...

(Salary Calculator)

Develop a Java application that determines the gross pay for each of three employees. The company pays straight time for the first 40 hours worked by each employee and time and a half for all hours worked in excess of 40. You’re given a list of the employees, their number of hours worked last week and their hourly rates. Your program should input this information for each employee, then determine and display the employee’s gross pay. Use class Scanner to input the data.

Perform each of the following steps:

a) Read the problem statement.

b) Formulate the algorithm using pseudocode and top-down, stepwise refinement.

c) Write a Java program.

d) Test, debug and execute the Java program.

e) Process three complete sets of data.