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how do i do an if function for cell B42? Extra Credit Excel Sims i Saved B42 f A B D E 24 2. After

image text in transcribed how do i do an if function for cell B42?
Extra Credit Excel Sims i Saved B42 f A B D E 24 2. After entering the formula in cell 042, use the Excel IF function to label cell B42 as either "Net Income" or 25 "Net Loss" as appropriate based on the value calculated in cell C42. 26 27 28 29 30 31 32 33 READING READINESS Company Income Statement For the Month Ended January 31, 20X1 Revenues: Test Prep Revenue $ Tutoring Revenue Other Revenues Total Revenues Expenses: Operating Expense Salaries Expense Rent Expense Other Expenses Insurance Expense Total Exsenses $ 15,400 9,100 6,050 30.550 es 35 35 37 38 39 40 11.800 6.882 4800 3.482 1350 28.314 2.235 Score answer ere to search o

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