you will create a new spreadsheet using formulas functions andformatting tools. Also you will create a chart to compare grosssalary and net pay for the employees in this exercise. Please seeattached instructions for further details.Important Note: To complete this assignment you musthave Microsoft Office Excel installed on your computer or you musthave access to another computer with the program. Inaddition use Microsoft Internet Explorer to view the trainingtutorials and get started with practice sessions. Make surethat pop-ups are allowedonoffice.microsoft.com.