Office 2016 – myitlab:grader – InstructionsExcel ProjectSK16_XL_VOL1_GRADER_CAP_AS - Budget 1.12Project Description: In this project, you will unhide a worksheet, work with grouped worksheets, insert and rename worksheets, insert summary, logical, date, statistical and Date functions, and refer to cells in other worksheets. Additionally, you will apply conditional formatting, create and modify charts, and create, sort, and filter Excel tables.Instructions: For the purpose of grading the project you are required to perform the following tasks: StepInstructionsPointsPossible1Start Excel 2016. Download and open the file sk16_xl_ch1-4_grader_cap_as.xlsx. Save the file as Last_First_sk16_xl_ch1-4_grader_cap_as.02Unhide the Downtown worksheet.23Group the worksheets. Adjust the column width of B:E to 8.5. Center and Wrap the text in the range B3:F3.3.754Ungroup the worksheets, and then group the four location sheets, except for Inventory. In the Item Total column, insert a function that will sum Quarters 1 - 4. Insert a function in the Quarter Total row to total each column. Apply the Total Cell style to the Quarter Total results.45With the four sheets grouped, apply the Currency  cell style, to the range B4:F4 and B13:F13. Save the file.