Python: Write a programs that will take 3 lists:NameWageHoursJuan7.5035Rae11.0041Ivanna18.2526Lilly9.2535Robert11.1045 and use this logic: An employee gets overtime when they have worked more than 40 hoursOvertime pay is calculated using this formula: Gross Pay = (35*Wage) + ((Hours-35)*Wage*1.5)Regular pay is calculated using this formula:Gross Pay = (Hours*Wage)Use a loop to process these lists.Print each employee, their wages, Hours and gross pay. Write a programs that will take 3 lists:NameWageHoursJuan7.5035Rae11.0041Ivanna18.2526Lilly9.2535Robert11.1045and use this logic:An employee gets overtime when they have worked more than 40 hoursOvertime pay is calculated using this formula:Gross Pay = (35*Wage) + ((Hours-35)*Wage*1.5)Regular pay is calculated using this formula:Gross Pay = (Hours*Wage)Use a loop to process these lists.Print each employee, their wages, Hours and gross pay. Test: Loops - Payroll CalculationUse all three listsUse proper logic to process the three lists into the gross pay.Use the "for" the loopCriteriaPrint each employee, their wages, Hours and gross pay. of criterionUse the "while" Loop.Provide a flowchart

The python program for the problem is given below with self-explanatory embedded comments: # lists to hold the data provided name = ['Juan','Rae','Ivanna','Lilly','Robert'] wage = [7.5,11.0,18.25,9.25,11.1] hours = [35,41,26,35,45] # custom function to compute pay based on the provided logic # paramaters: hours and wage # return: gross pay def compute_pay(h,w): if h > 40: gpay = 35*w + (h-35)*w*1.5 else: gpay = h*w return gpay # custom function to print the employee details # parameters: name, hours, wage, gross pay def print_details(n,h,w,g): print(f'Name: {n} Hours: {h} Wage: {w} Gross Pay: {g}') #computation of gross pay using for loop print("gross pays computed using for loop:") for n,h,w in zip(name,hours,wage): print_details(n,h,w,compute_pay(h,w)) print('\n') #computation of gross pay using while loop print("gross pays computed using while loop:") i=0 gross_pay = [] while(i<len(wage)): print_details(name[i],hours[i],wage[i],compute_pay(hours[i],wage[i])) i+=1 print('\n') #computation of gross pay using list comprehenshion print("gross pays computed using list comprehension:") [print_details(n,h,w,compute_pay(h,w)) for n,h,w in zip(name,hours,wage)] The image of the formatted program is given below:The flow chart for the same is given below:Sample execution output: