Use the project description HERE to complete this activity (all the details are included in this document). For a review of the complete rubric used in grading this exercise, click on the Assignments tab, then on the title “Excel Project 1.” Click on Show Rubrics if the rubric is not already displayed.SummaryCreate a Microsoft Excel workbook with four worksheets that provides extensive use of Excel capabilities including charting, and written analysis and recommendations in support of a business enterprise.A large rental car company has two metropolitan locations, one at the airport and another centrally located in downtown.  It has been operating since 2015 and each location summarizes its car rental revenue quarterly.  Both locations rent two classes of cars: economy and premium.  Rental revenue is maintained separately for the two classes of rental vehicles.The data for this case resides in the file rentalcars.txt and can be downloaded by clicking on the Assignments tab, then on the data file name.  It is a text file (with the file type .txt).Do not create your own data. You must use the data provided and only the data provided.Default Formatting.  All labels, text, and numbers will be Arial 10, There will be $ and comma and decimal point variations for numeric data, but Arial 10 will be the default font and font size.Tutorials Note: Tutorials that address activities used in this project have been assigned in Week 1, 2 and 3. Step  Requirement Points Allocated Comments1Open Excel and save a blank workbook with the following name: a. “Student’s First InitialLast Name Excel Project 1” Example: JSmith Excel Project 1.  b. Set Page Layout Orientation to Landscape.0.2Use Print Preview to review how the first worksheet would print.2 Change the name of the worksheet to Analysis by. 0.13In the Analysis by worksheet: a. Beginning in Row 1, enter the four labels in column A (one label per row) in the following order:  Name:, Class/Section:, Project:, Date Due: b. Place a blank row between each label. Please note the colon  :  after each label. c. Align the labels to the right side in the cellsIt may be necessary to adjust the column width so the four labels are clearly visible.0.3Format for column A:• Arial 10 point • Normal font • Right-align all four     labels in the cells4In the Analysis by worksheet with all entries in column C, a. Enter the appropriate values for your Name, Class and Section, Project, Date Due across from the appropriate label in column A. b. Use the formatting in the Comments column (to the right).0.2Format for column C:• Arial 10 point • Bold • Left-align all four     values in the cellsStep  Requirement Points Allocated Comments It may be necessary to adjust the column width so the four labels are clearly visible.5a. Create new worksheets:    Data, Sorted, and Airport.    Upon completion, there should be Analysis by as well as the three newly created worksheets. b. Delete any other worksheets.0.26If necessary, reorder the four worksheets so they are in the following order: Analysis by, Data, Sorted, Airport. 0.17After clicking on the blank cell A1 (to select it) in the Data worksheet, import the text file rentalcars.txt into the Data worksheet. The data should begin in Column A, Row 1.Though the intent is to import the text file into the Data worksheet, sometimes when text data is imported into a worksheet, a new worksheet is created.  If this happens, delete the blank Data worksheet, and then rename the new worksheet which HAS the recently imported data as “Data.”  It may be necessary to change Revenue data to Currency format ($ and comma (thousands separators)) with NO decimal points, and to change NumCars data to numerical format, with NO decimal points, but with the comma (thousands separator) because of the import operation.This may or may not occur, but in case it does it needs to be corrected.  Adjust all column widths so there is no data or column header truncation.0.5Format:all data (field names, data text, and data numbers)• Arial 10 point.The field names should be in the top row of the worksheet with the data directly under it in rows. This action may not be necessary as this is part of the Excel table creation process.  The data should begin in column A.8In the Data worksheet: a. Create an Excel table with the recently imported data.  b. Pick a style with the styles group to format the table (choose a style that shows banded rows, i.e., rows that alternate between 2 colors). c. The style should highlight the field names in the first row.  d. Ensure NO blank cells are part of the specified data range.  e. Ensure the table has headers.    f. Ensure that Header Row and Banded Rows are selected in the Table Style Options Group Box, but do NOT select a Total row.0.6Some adjustment may be necessary to column widths to ensure all field names and all data are readable (not truncated or obscured).9In the Data worksheet:  a. Select the entire table (data and headers) using a mouse.  b. Copy the table to the Sorted worksheet. c. The upper left-hand corner of the header/data in Sorted should be in cell A1.  d. Adjust columns widths if necessary to ensure all data and field names are readable.0.4Step  Requirement Points Allocated Comments10In the Sorted worksheet: a. Sort the data by location (ascending). b. (All cells with data in the table should be selected)0.2Ensure all the table is selected, NOT just the location column.11a. Copy the entire table from the Sorted worksheet to the Airport worksheet.  In the Airport worksheet, the field names should be in row 1 and the Year column should be in column A. b. Some column adjustments may be necessary so that the field names as well as the data is all legible.0.2 Ensure all cells with data are selected.12In the Airport worksheet: a. Delete all the rows in the table where the data is for Downtown. b. The field names should remain at the top of the table. c. The remaining data should be for the Airport location.0.313In the Airport worksheet, using a custom sort: a. Sort all the data first by CarClass (Ascending), b. then by Year (Ascending), c. then by Quarter (Ascending). 0.3Ensure that all cells with data have been selected before sorting. This sort is completed in a single step, not 3 separate steps.14In the Airport worksheet: a. Add a new column heading AvgRev  for the column where the average revenue per car for each row will be calculated and displayed. b. Add a formula to calculate the AvgRev by dividing the contents of the Revenue cell by the contents of the NumCars cell for each data row in the table c. The AvgRev values format is currency (a $ and two decimal points).  When you are clicking on cells to construct a formula, while you may be expecting to see (for example) E14 (cell clicked on) what may appear in the cell editor is @Revenue, a result of using an Excel table. d. Column adjustment may be needed to ensure both the title and the data is visible. e. Use the formatting instructions in the Comments.0.5The format of the table should be extended to the new column.Format: • Arial 10 point • data values for AvgRev are Currency Format (using the Format Cells option).  A typical AvgRev value could be $123.45, for instance.15In the Airport worksheet: a. Create a range named AE that includes every AvgRev value for Economy cars. b. Create a range named AP that includes every AvgRev value for Premium cars.0.4AE stands for Airport Economy, AP stands for Airport Premium.16In the Airport worksheet: a. In column A, in the third row below the final row of the data,  b. Create a label called Average Quarterly Revenue per Economy Car (Airport). c. Use the formatting instructions in the Comments.0.3Format:• Arial 10 point • Bold17In the Airport worksheet: a. In the first fully visible cell to the right of the label, b. Calculate the Average Quarterly Revenue per0.5Format:• Arial 10 pointStep  Requirement Points Allocated Comments Economy Car (Airport)  c. Use the average function and the named range AE.  d.  Ensure the Average is Currency format with two decimal places  e. No credit will be awarded if anything other than the named range AE is used in the function to calculate the average. • Normal • Currency ($ and two      decimal places).18In the Airport worksheet: a. in column A in the fourth row below the final row of the data, b. create a label called Average Quarterly Revenue per Premium Car (Airport). c. Use the formatting instructions in the Comments.0.3Format:• Arial 10 point • Bold19In the Airport worksheet: a. In the first fully visible cell to the right of the label, b. Calculate the Average Quarterly Revenue per Premium Car (Airport) c. Use the average function and the named range AP. d. Ensure the Average is Currency format with two decimal places  e. No credit will be awarded if anything other than the named range AP is used in the function to calculate the average.0.5Format:• Arial 10 point • Normal • Currency ($ and two decimal places).20In the Airport worksheet: a. Create a column or bar type of chart that clearly shows the average revenue for Economy (carclass) vehicles for the four 2015 quarters.  b. Provide an internal chart title that explains what is portrayed on the chart. c. Place the chart to the right of the data and aligned with the top of the worksheet.0.75You will have four bars in your chart, one for each quarter. Each bar represents the average revenue per economy car in a quarter – airport location only.21In the Airport worksheet: a. Create a column or bar type of chart that clearly shows the average revenue for Premium (carclass) vehicles for the four 2015 quarters. b. Provide an internal chart title that explains what is portrayed on the chart.  The two chart titles should be very similar (except for the text difference in carclasses). c. Place the chart left-aligned with the first chart and two or three rows below the first chart.0.75You will have four bars in your chart, one for each quarter. Each bar represents the average revenue per economy car in a quarter – airport location only.For the questions below, present your answers in a very readable format under the data. You can type your answer in one cell (in Column A), then highlight and select several rows and columns, selecting merge cells and selecting Wrap Text. Do NOT widen the columns as this will adversely impact the appearance of the data above.  You will want to change the text from Center to Left justification.  Play with this a bit.  If you simply type your answer on a single line in Column A, that will also be ok. But be sure the entire answer can be read without the reader having to change any formatting.22Question1: Based on the two charts, is there a trend that is shared between the Economy and Premium average revenue per car?  Along with the yes or no1.2Format:• Arial 10 pointStep  Requirement Points Allocated Comments explain why there is or why there is not a trend.a. Label your response Question 1.  Answer this question in 2 to 3 sentences after the Average revenue per premium car (airport).  DO NOT change your spreadsheet. Just respond to the question. (0.8) b. Readability, format and location (0.2) c. No errors in grammar or spelling (0.2)• Normal/Black • Left-align text in the  cell23Question 2:  If you had to combine both charts into one chart, but using a different type of chart, which type of chart would you use and why would you use it?a. Label your response Question 2. Answer this question in 2 to 3 sentences in a new row under your response to Question 1. DO NOT change your spreadsheet. Just respond to the question. (0.8) b. Readability, format and location (0.2) c. No errors in grammar or spelling (0.2)1.2Format:• Arial 10 point • Normal/Black • Left-align text in the       cellTotal Points   10

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