Question: Specify, design, and implement a class called Employee. The class has instance variables for the employees name, ID number, andbesralary based on an hourly wage.

Specify, design, and implement a class called Employee. The class has instance variables for the employee’s name, ID number, andbesralary based on an hourly wage. Methods can compute the yearly salary and increase the salary by a certain percentage. Add additional members to store the paycheck amount (calculated every two weeks) and calculate overtime (for over 40 hours per week) for each paycheck.

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