Question: NAME all cells and ranges used in formulas in Problem 4 . Be sure to use NAMED CELLS IN FORMULAS THAT YOU CREATE for 4

NAME all cells and ranges used in formulas in Problem 4.
Be sure to use NAMED CELLS
IN FORMULAS THAT YOU CREATE for 4, to earn full credit.
4. LogicalFunctions Sheet (8 points): Do NOT convert this range of data to a table. DO name cells and ranges and USE them in formulas.
In Column G, create a formula to calculate IN DOLLARS the Penalty (only the Penalty) for Outstanding payments. The penalty is a percentage times the value in the Amount column. The penalty is calculated according to the following rules:
i. If Paid's value is "Yes," then the penalty is 0.
ii. Otherwise, for payments where the Category is Meat/Poultry, the penalty is 5% of the Amount.
iii. All other amounts carry a penalty of 3% of the Amount.
Tip: If you get a SPILL error, try putting an "at" sign -- @ -- in front of each named range in your formula
 NAME all cells and ranges used in formulas in Problem 4.

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