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Given that:
- The cost of 4 surfboards is $792.
- All the surfboards cost the same.
Therefore, in order to find the cost of 1 surfboard at Morgun's Surf Shop, you only need to divide the total cost of the four surfboards, by 4.
Let be "x" the cost (in dollars) of 1 surfboard.
You get that:
[tex]\begin{gathered} x=\frac{792}{4} \\ \\ x=198 \end{gathered}[/tex]Hence, the answer is: 1 surfboard costs $198.