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Default How can I insert a colon into a column of existing numbers

I have two columns of numbers which are suppose to represent times, but were
entered as a number format. Example: "1845" instead of 18:45. I'm looking
for a way to insert the colon into the numbers so I can do a time calculation.

Note: formating the columns as Time does not work because of the way Excel
handles date & time in a serial manner.

Thanks
 
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