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Default Find difference between 2 cells if critera in a 3rd cell is met

How would I find the difference between two cells depending on what is in a
third cell? For example, in column G1 I want to show the difference E1 and
whichever cell in column F contains the number 1. I was thinking something
along the lines of using SUMPRODUCT to find the row with the #1 and then
somehow subtracting G1 from the number column E that match the row where the
number 1 was found.
 
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