Calculate Friday of the week before start of next month

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4 - Data Explorer
4 - Data Explorer

Hiya! I'm relatively new to Airtable and need help with this formula. I need to find a formula that displays the date for the Friday of the week before the start of the next month based on a date in another field. Would also love to know what each element does so I can learn a little too rather than straight copy/paste. Thank you so much!

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