Represent an equation for the word problem below:

one-fourth of scott’s savings account is being saved for braces. if scott has $8,000 in savings, how much money is being saved for braces?
a. ¼ + $8,000 = b
b. ¼ ($8,000) = b
c. 4($8,000) = b
d. $8,000 – ¼= b