please help with the python pseudo code Background:Commissions are a form of employee payment where the employee, usually a salesperson, earns a portionof what they sell. Hank & Sons, a computer retailer described in Requirement 02, has created acommission plan where salespeople are paid different commission rates depending on much they sell inthe month.Instructions:1. Use the print() function as many times as necessary to produce the following text:Sales This MonthAdmin FeeCommission RateLess than $10,000$1505%$10,000 – $14,999.99$15010%$15,000 – $17,999.99$15012%$18,000 – $21,999.99$20015%$22,000 or more$20016%******Salesperson of the month******Name: STUDENT NAMEID: STUDENT ID2. Save your code in a Python (.py) file with the name A01_R01_CUSN_salesResult.py,where CUSN is your Student Number.Additional Notes:• This requirement only involves displaying a set of text containing commission rates fordifferent levels of sales in a month. Complex calculations or functions are not required. Background:Pseudocode is regularly created to help design applications before any actual code is written, orto help explain applications to various business stakeholders. This requirement will involve youwriting a pseudocode solution for a retail company that pays its salespeople using commissions,and needs an application to determine how much commissions have been earned and need to bepaid.Instructions:1. Read the scenario below.2. Write a pseudocode solution that can determine how much a salesperson earns in commission for amonth and how much they will receive from, or pay back to, the company.3. Save your pseudocode as both a Microsoft Word (.docx) file and as a PDF (.pdf) file with the nameA01_R02_CUSN_pseudocode, where CUSN is your Student Number.Scenario:Hank & Sons is a retail seller of computers. At the end of the month, each salesperson'scommission is calculated according to the commission table detailed in Requirement 01.Salespersons also pay a monthly admin fee to Hank & Sons based on their total monthly sales tomake up for their use of office supplies and other services provided by the company.For example, a salesperson with $16,000 in monthly sales would earn a 12% commission minustheir admin fee ($1,920 - $150). Another salesperson with $20,000 in monthly sales would earn a15% commission minus their admin fee ($3,000 - $200).As staff are only paid once per month, Hank & Sons allows each employee to take up to $1,500per month as an advance. When sales commissions are calculated, the amount advanced to anemployee is subtracted from their commission. If a salesperson's commission is less than theamount previously advanced, they must reimburse Hank & Sons for the difference.Write the pseudo code and flowchart for calculating the total monthly net income for Hank &Sons sellers. Use may use Microsoft word processor to write this pseudo code. You may also useLucid Chart to prepare the flowchart then copy/past it in the word document with your pseudocode.Additional Notes:1. The program should first ask the user to enter the salesperson's monthly sales and theamount of pay that has been advanced.

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It is defined as a term which is often used in programming and algorithm based fields. It is a…