Show me the steps to solve In this problem, you will calculate single$-$factor and multiple$-$factor productivities based on the following numbers:

Productivity Data

Inputs and Outputs $2023$

Skis Rental Revenues $150,000$

Labor Cost $105,500$

Lease Payments $115,800$

Inputs and Outputs $2024$

Ski Rental Revenue $165,500$

Labor Cost $115,000$

Lease Payments $118,000$

Over the last few modules, you have covered how to build formulas in Excel and how to format cells. For this assignment, you will need to build proper Excel formulas for all calculations $($i$.$e$.,$ all numbers except for the ones in the chart provided$).$