Excel/Sum help

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QUESTION: I have a column of dollar amounts in column I.  The situation is as such.  The first $250 of the total amount of column I is to be paid by a certain party then the rest of the total is split up by two parties.

I need a cell to reflect this first $250. My best guess would be as such...in cell P5, if sum of column I is less than or equal to 250 then P5 equals the sum of column I, if sum of column I is greater than 250, then P5 equals 250.

Let me know if I need to be clearer than this.

ANSWER: in P5:
=MIN(250,SUM(I:I))

---------- FOLLOW-UP ----------

QUESTION: Great!  That worked perfectly!  

One more question for you.  at the end of each row I have a "date paid" column, (Column K), these cells will either contain an actual date, (ie. 3/25/13) or it will contain "N/A".

What I would like to do is that if the cell contains a date to highlight the row in Yellow.  If it contains "N/A" I would like to highlight a different color.  If the cell is blank, no highlights to the row at all.   

Any suggestions?

Answer
Select coluln K, use COnditional formatting, select "Use a formula to determine which cells to format", enter this formula (assumes K1 is the active cell):
=AND(K1>30000,K1<50000)
click FOrmat, select a yellow fill
Then do another New Rule for conditional formatting, enter:
=K1="N/A" and apply your other color.

THe formula with 30000 & 50000 is a date range between 2/18/1982 and 11/21/2036. There's no builtin Excel function to determine if something is a date or not, since Excel dates are "serial numbers" -- the number of days since 1/1/1900!
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