(8 Marks) 1. Ministry of Labor asked you to create a python program to calculate new basic salary based on the yearly increment in the basic salary. Write a python program using chained conditional statements to do the following. d. If the grade of the employee is B, then the increment in basic salary is 25. e. If the grade of the employee is "C", then the increment in basic salary is 10. f. If grade is other than A,B or C, display a message "Invalid Grade entered" g. Calculate and display the new basic salary using below formula