Please show work in excel.

Questions, Exercises, Problems, and Cases Questions and Exercises 2-1 2.1 Relevance versus Representational Faithfulness. "Some asset valua- tions using historical costs are highly relevant and very representationally faithful, whereas others may be representationally faithful but lack relevance. Some asset valuations based on fair values are highly relevant and very representationally faithful, whereas others may be relevant but lack representational faithfulness." Explain and provide examples of each. Questions, Exercises, Problems, and Cases Questions and Exercises 2-1 2.1 Relevance versus Representational Faithfulness. "Some asset valua- tions using historical costs are highly relevant and very representationally faithful, whereas others may be representationally faithful but lack relevance. Some asset valuations based on fair values are highly relevant and very representationally faithful, whereas others may be relevant but lack representational faithfulness." Explain and provide examples of each