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Write a system of equations to describe the situation below, solve using any method, and fill in the blanks.\newlineDarrell's Bakery recently spent a total of $115\$115 on new equipment, and their average hourly operating costs are $15\$15. Their average hourly receipts are $16\$16. The bakery will soon make back the amount it invested in equipment. What would the total expenses and receipts both equal? How many hours will that take?\newlineThe bakery's expenses and receipts will both total $\$_____ after _____ hours.

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Q. Write a system of equations to describe the situation below, solve using any method, and fill in the blanks.\newlineDarrell's Bakery recently spent a total of $115\$115 on new equipment, and their average hourly operating costs are $15\$15. Their average hourly receipts are $16\$16. The bakery will soon make back the amount it invested in equipment. What would the total expenses and receipts both equal? How many hours will that take?\newlineThe bakery's expenses and receipts will both total $\$_____ after _____ hours.
  1. Define Variables: Let's define the variables:\newlineLet xx be the number of hours the bakery operates after buying the new equipment.\newlineThe total expenses after xx hours will be the initial investment plus the operating costs, which is $115+$15x\$115 + \$15x.\newlineThe total receipts after xx hours will be the hourly receipts times the number of hours, which is $16x\$16x.\newlineWe want to find the value of xx when the expenses equal the receipts.
  2. Write Equation: Write the equation representing the situation where the expenses equal the receipts: $115+$15x=$16x\$115 + \$15x = \$16x
  3. Solve for x: Now, let's solve for x:\newline115+15x=16x115 + 15x = 16x\newlineSubtract 15x15x from both sides to get:\newline115=16x15x115 = 16x - 15x\newline115=1x115 = 1x\newline115=x115 = x
  4. Calculate Total Expenses: So, the bakery will break even after 115115 hours.\newlineNow, we need to calculate the total expenses and receipts after 115115 hours.\newlineTotal expenses = Initial investment + (Operating costs per hour ×\times Number of hours)\newlineTotal expenses = $115\$115 + ($15\$15 ×\times 115115)
  5. Calculate Total Receipts: Calculate the total expenses:\newlineTotal expenses = $115+($15×115)\$115 + (\$15 \times 115)\newlineTotal expenses = $115+$1725\$115 + \$1725\newlineTotal expenses = $1840\$1840
  6. Calculate Total Receipts: Calculate the total expenses:\newlineTotal expenses = $115+($15×115)\$115 + (\$15 \times 115)\newlineTotal expenses = $115+$1725\$115 + \$1725\newlineTotal expenses = $1840\$1840Since the expenses and receipts are equal when the bakery breaks even, the total receipts will also be $1840\$1840 after 115115 hours.

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