Question: Write a Python program to input the Employee Name, Employee Number and Basic pay Using anonymous functions to solve the following: a). Display the

Write a Python program to input the Employee Name, Employee Number and 

Write a Python program to input the Employee Name, Employee Number and Basic pay Using anonymous functions to solve the following: a). Display the Employee Name and Employee Number b). Calculate the Insurance of the employee using the below formula: Insurance = 7% of Basic Pay (1 (2 c). Calculate the Allowance, as per the below. (2 If the Basic pay is more than 700, return the Allowance is 25% of Basic pay, otherwise return the Allowance is 20% of Basic pay. Display all the results of the anonymous functions.

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