A charitable organization in Springtown is hosting a black tie benefit for charity, and the organization's members hope to bring in at least $1,400. Standard tickets are available for $23.75 each, whereas VIP tickets are offered for $56.36 apiece.

Write the inequality in standard form that describes this situation. Use the given numbers and the following variables.
x = the number of standard tickets
y = the number of VIP tickets

The cost of each standard ticket is $23.75.

The cost of each VIP ticket is $56.36.

Let x be the number of standard tickets.
Let y be the number of VIP tickets.

The total amount of money made from selling standard tickets is 23.75x.
The total amount of money made from selling VIP tickets is 56.36y.

The organization's members hope to bring in at least $1,400.
So the inequality in standard form that describes this situation is:

23.75x + 56.36y ≥ 1400