Prepare your answers for all of the following problems in one Excel and submit the Excel file in Canvas. Use one file th

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Prepare your answers for all of the following problems in oneExcel and submit the Excel file in Canvas. Use onefile that contains solutions on different sheets; do not try tosubmit separate Excel files. Clearly indicate youranswers. The solutions in your Excel file should be very organizedwith every number labeled. Follow theexamples in the textbook for the proper format.
Problem 3. [10 points]ABC, Inc. entered into a two-year contract to supply XYZ Companywith 100,000 bricks a month at a cost of $2.05per brick. After the first year, ABC quit delivering the bricks toXYZ. If the expert for ABC computes the damagesby reasoning that the loss is the “extra cost” XYZ had to pay toreplace the defaulted brick shipments, what would thetotal damages be? Assume the expert identified relevant brickprices for the type and grade of bricks required underthe contract as shown below.Brick Prices Identified by ABC’s ExpertMonth Price per BrickJanuary......................... $2.30February.......................... 2.05March ......................................2.10April ........................................2.10May..........................................2.25June......................................... 2.30July ......................................... 2.35August .................................... 2.40September............................... 2.30October ................................... 2.30November ............................... 2.25December ............................... 2.05