Develop a JAVA application to satisfy the following requirement:

Employees are paid on hourly basis monthly. Employees who work for hours not exceeding $40$

hours are considered to have worked $$Regular$$ hours whiles those who work in excess of $40$

hours are considered to have worked $$Overtime$.$ Regular hours worked are paid at $50$GHC per

hour for senior staff and junior staff hourly rate are paid at $70\%$ of the regular hourly rate of senior

staff. The Overtime hours worked are paid to senior staff at a rate of one and half times their

regular hourly rate whiles junior staff also receives one and quarter times their regular hourly rate

as their overtime hourly rate. Each employee pays $15\%,1\%,$ and $3\%$ of their Gross Pay as Income

Tax, National Health Insurance Levy, and District Tax respectively. Employees with more than

three children pay $1$GHC per child in excess of three towards GetFund. Using the table below,

your application should;

a$.$ Collect the data shown in the table below from an input stream object and perform the

following computations:

I. Calculate the Gross Pay for each employee

II$.$ Calculate the total deductions $($i$.$e$.$ taxes, etc$)$ paid by all employees

III. Calculate the Net Pay of each employee

IV$.$ Calculate the total Net Pay paid to employees

V$.$ Calculate the Average Net Pay

b$.$ Display the outputs from above computations to an output stream object

NOTE: John, Rose, Cynthia, George, Emmanuel, Stephen, and Alfred are senior staff

whiles the remaining are junior staff.