Eureka Lumber Company would like to calculate the gross pay for its employees. The employees information is stored in a file as Requirements: Record Layout: The fields are fixed length (name 6 - characters, ID - 1 character, pay type - 1 character, pay rate - 3 characters, hours - 2 characters, newline character at end of each line - 1 character = total 14 characters. name is a string value ID_number is a numeric integer value pay_type is a character, either H for hourly, or S for salary pay_rate either holds the hourly rate for an hourly pay_type, or it holds the total salary for a salary pay_type. hours_worked holds the total number of work hours for the employee The employee gross pay is computed as follows: If employee pay_type is hourly gross pay = pay_rate * hours_worked Else if employee pay_type is salary based gross pay = pay_rate Develop a solution for the problem of reading each employees information from the file, computing her gross pay, and then printing out all the employee information along with her gross pay.

I just need the solution for this as an algorithm or pseudocode for python . the teacher does not want a python code but a pseudocode or algorithm.