Johnny's Budget

Johnny wants to go the Olympics in Vancouver. He has a firm (can NOT go over) budget of $1200. He does some research online and finds out that it would cost him $300.75 for a round trip (there and back) airline ticket. He does a little more research and finds that he can get a nice hotel room for $125.25 a night. He also budgeted $50 a day for food. Since his family won’t be able to go, he budgeted $80 for souvenirs for them. He is planning on staying for 5 days. Can Johnny afford to go to the Olympics on his budget?