The list below shows select accounts for Reading Readiness Company as of January 31,20X1. (Accounts are in alphabetical order.) \begin{tabular}{|l|r|} \hline Accounts Payable & $ \\ \hline Accounts Receivable & 8,088 \\ \hline Cash & 6,960 \\ \hline Equipment & 13,445 \\ \hline Insurance Expense & 4,800 \\ \hline Operating Expense & 1,350 \\ \hline Other Expenses & 11,800 \\ \hline Other Revenues & 3,482 \\ \hline Rent Expense & 6,050 \\ \hline Salaries Expense & 4,800 \\ \hline Short-term Notes Payable & 6,882 \\ \hline Test Prep Revenue & 17,200 \\ \hline Tutoring Revenue & 15,400 \\ \hline Unearned Revenue & 9,100 \\ \hline \end{tabular} 2. After entering the formula in cell C42, use the Excel IF function to label cell B42 as either "Net Income" or "Net Loss" as appropriate based on the value calculated in cell C42