Sophie is eyeing a new bicycle that costs $1,200. She earns $160 per week from her part-time job. Currently, she has saved up $400. What inequality represents the minimum number of weeks (w) Sophie needs to work to afford the bicycle?(1 point) 400w+160w≥1200

400+160w≥1200
400w+160w≤1200
400+160w≤1200

The correct inequality is: 400 + 160w ≥ 1200