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In java language: A company runs a small factory. The company employs workers who are paid one of three hourly rates depending on skill level:

In java language:

A company runs a small factory. The company employs workers who are paid one of three hourly rates depending on skill level:

Skill Level 1 - $17.00 hourly pay rate,

Skill Level 2 - $$20.00 hourly pay rate,

Skill Level 3 -$22.00 hourly pay rate

Each factory worker might work any number of hours per week; any hours over 40 are paid at one and one-half the usual rate. In addition, workers in skill levels 2 and 3 can select the following insurance options: Option 1 Medical insurance, $32.50 weekly cost to employee, Option 2 Dental insurance, $20.00 weekly cost to employee, Option 3 Long-term disability insurance, $10.00 weekly cost to employee Also, workers in skill level 3 can elect to participate in the retirement plan at 3% of their gross pay. Write an interactive Java payroll application that calculates the net pay for a factory worker.

The program prompts the user for skill level and hours worked, as well as appropriate insurance and retirement options for the employees skill level category. The application displays: (1) the hours worked, (2) the hourly pay rate, (3) the regular pay for 40 hours, (4) the overtime pay, (5) the total of regular and overtime pay, and (6) the total itemized deductions. If the deductions exceed the gross pay, display an error message; otherwise , calculate and display (7) the net pay after all the deductions have been subtracted from the gross. Save the file as Pay.java.

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