Your next task is to calculate the bonus for the first employee. If the employee's Performance Score is greater than or equal to 4.5, the bonus is $3,000. If the Performance Score is 4.0-4.9, the bonus is $2,000. If the Performance Score is 3.0-3.9, the bonus is $1,000. No bonus is given if the Performance Score is below 3.0. In cell L7, insert the IFS function to enter the bonus based on the Performance Score for the first employee. Use the respective scores stored in cells E2, E3, and E4 for the individual logical tests. Use the respective bonuses in cells F2, F3, and F4 to return the correct bonus. If none of the logical tests are true, the result should be 0. Use mixed references appropriately. Copy the function to the range L8:L31.