Five friends attend a matinee movie and spend $8 per ticket. They also purchase a small bag of popcorn each. The friends spend a
total of $62.50. Let x be the price of a small bag of popcorn. Which equation represents the situation?
62.50 + 8x = 40
40 + 8x = 62.50
40 + 5x = 62.50
62.50 + 5x = 40