Question: Create a new Java project. Name the class Employee.java. 1. Create four instance variables: - Employee ID - Employee name - Hours Worked - Pay
Create a new Java project. Name the class Employee.java.
1. Create four instance variables:
- Employee ID
- Employee name
- Hours Worked
- Pay rate
A. Create the following methods:
- Calculate gross pay
- Calculate net pay using tax rate of 15%
- The display prints ID, name, gross pay, net pay
2. Create an application class named Payroll.
A. Create two new employees
| Employee ID | Employee Name | Hours Worked | Pay Rate |
| 123 | Bill | 23.5 | 15.75 |
| 456 | Steve | 35.5 | 17.25 |
B. Call each of the methods for each employee.
C. The Payroll application does not do any calculation, only the Employee class.
D. Sample Output:
123
Bill
Gross Pay: $370.12
Net pay: $314.61
456
Steve
Gross pay: $612.38
Net pay: $520.52
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