Oscar, the band director for the Washington High School marching band, is buying instruments to expand the brass section. A tuba costs $860 and a trumpet costs $720. The total expenditure must be below $7,200.

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

860x + 720y < 7200