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To extract the last name from a list of names, use the TEXTAFTER function. In the formula bar, start with `=TEXTAFTER(`. The first argument is the cell containing the full name. The second argument is the delimiter, which is a space (" "). To get the last name, subtract 1 from the instance number. The complete formula should look like this: `=TEXTAFTER(cell, " ", -1)`. Finally, copy this formula into the cells below to apply it to other names.