X=amount of money Ofeila hasx-$12=(1/5)xLet's eliminate the fractions by multiplying both sides by 5...5(x-$12)=(5)(1/5)x5x-$60=xLet's subtract 5x from both sides...-5x+5x-$60=x-5x-$60=-4xLet's divide both sides by -4...(-$60)/(-4)=(-4x)/(-4)$15=x -< AnswerLet's check our work...x-$12=(1/5)x$15-$12=(1/5)($15)$3=$3