i need help with this question. I need to use excel formula example =b3+c3 Thank you!

Jay Corporation has decided to prepare contribution income statements for internal planning. 7 8 After analyzing expenses, the company has determined the following cost patterns. 15 Shipping has been determined to be a mixed cost with the following total costs and units: (Use cells A4 to C26 from the given information to complete this question. All answers should be input and displayed as positive values.) 1. Using the high-low method, determine a cost formula for shipping costs. 2. Prepare a contribution margin income statement for Quarter 1 of 2024. 2. Prepare a contribution margin income statement for Quarter 1 of 2024. Jay Corporation Budgeted Income Statement For 2024, Quarter 1 Sales Variable expenses: Cost of goods sold Sales commissions Shipping expense Total variable expenses Contribution margin Fixed expenses: Adminstrative salaries Rent expense Shipping expense Depreciation expense Total fixed expenses Net operating income