You will develop a new data type to model the time on a 24 hour clock, where the three data members represent the hour, the minutes and the seconds. use the date. py module as a guide. it will be named “class time”, and each object of that type will have three instance variables (“__hour”, “__mins” and “__secs”). the module will be named “clock. py”.1. develop the function member (method) named “__init__” which will be used to initialize an object of type “time” when it is created. that function will receive four parameters: a reference to the current object (“self”), the hour, the minutes and the seconds. a. assume that the last three of the four parameters are int