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Default Propogating data

I have a excel file that has a series of 3 rows. 1st row is labeled 'Old',
2nd row is labeled 'New' and the 3rd row is blank. Now the 'Old' row has
data that I need to add to the 2nd row or the 'New' row. Then skip the blank
row and start again. Any ideas how to accomplish this? Please keep in mind
I am very green in the use of Excel.

Thank you for your assistance.
 
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