Design an interface called payable in Java with the following methods:

double calculatepay$()-$ This method should calculate and return the amount of pay for an employee.

Now, create two classes HourlyEmployee and salariedemployee that implement the Payable interface.

Implement the calculatepay$()$ method in each class to represent the pay calculation for an hourly employee

and a salaried employee respectively.

For the HourlyEmployee class:

It should have instance variables for hourly wage and hours worked.

Implement the calculatepay$()$ method to calculate the pay as the product of hourly wage and hours

worked.

For the

class:

It should have an instance variable for the annual salary.

Implement the calculatepay$()$ method to calculate the pay as the annual salary divided by the number of

pay periods in a year $($e$.$g$.,12$ for monthly pay$).$

In main. Instantiate objects of

and salariedEmployee classes, set their attributes, and print the

amount of pay for each employee using the calculatepay$()$ method.