In the Needs Tag column, enter a formula that displays Yes or No depending on whether the asset needs a property tag. The criteria for tagging is as follows: a. Asset purchased in current year (most recent full year). Use 2013 as the current year. b. Cost of asset is $3,000 or more. Each of these values are assumption data put into column B at top; the formula then references these values (absolute values). Both criteria must be met to place Yes in the Needs Tag column; otherwise place No. First, enter the current year in cell B2 and the Tag cutoff amount in cell B3. Use the information in cells B2 and B3 to develop an IF function in