Concept:
To count the total number of squares in a rectangular grid, we must count:
All the smallest unit squares,
All larger squares formed by combining smaller ones.
If a grid has \(m\) rows and \(n\) columns, the total number of squares is:
\[
\sum_{k=1}^{\min(m,n)} (m-k+1)(n-k+1)
\]
Step 1: Identify the grid size
From the figure:
\[
\text{Number of rows } = 4,\quad \text{Number of columns } = 8
\]
Step 2: Count squares of different sizes
\(1 \times 1\) squares:
\[
4 \times 8 = 32
\]
\(2 \times 2\) squares:
\[
3 \times 7 = 21
\]
\(3 \times 3\) squares:
\[
2 \times 6 = 12
\]
\(4 \times 4\) squares:
\[
1 \times 5 = 5
\]
Step 3: Add all squares
\[
32 + 21 + 12 + 5 = 70
\]
Final Answer: \(\boxed{70}\)