Answer:
The canoe cost $44
Step-by-step explanation:
There are 4 friends that went canoeing. Each one of them spent a total of $23.75 including $12.75 for the rent of a life preserver, and for one-fourth of the canoes cost, assuming they split the total cost of the canoe.
From the $23.75, we must subtract the $12.75 that the life preserver cost:
$23.75-$12.75 = $11
Those $11 were the individual contribution to the cost of the canoe. Since there were 4 friends, the canoe cost 4*$11 = $44
The canoe cost $44