Hello there! I'm glad to help you today!
Thank you for the information. May I ask if you are on a work computer? Reinstalling office might not fix this. The error code mostly means corrupted system files.
Let's first check for corrupted system files.
Click Start, then type cmd.
Right-click on "Command Prompt" and select "Run as administrator".
In the Command Prompt window, type:
sfc /scannow
Press Enter.
Wait for the scan to complete. It may take several minutes.
Follow any instructions shown after the scan finishes.
Next, open Command Prompt as an administrator again. In the Command Prompt window, type
DISM /Online /Cleanup-Image /RestoreHealth
and press Enter.
Then, please test again.