Develop a python application that determines the gross pay for each of three employees $($Example Below$).$ 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 $40.$ Using selection and repetition control structures to determine and display the gross employee$$s gross pay.

i$.$e$.,$

Employee Pay rate $/$per hr$.$ hours worked

Sue Jones $25\mathrm{.}0045$

Sam Smith $20\mathrm{.}0050$

Bud Wiser $15\mathrm{.}0040$