Study = Fail

studyfail.tex

% Small break after pumping out words and equations as if my life depends on them.
% Actually it does.
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% http://img.skitch.com/20110715-e6x7ecruf6pw693455621iy8i7.png

\documentclass{article}
\usepackage[normalem]{ulem}
\begin{document}
\renewcommand{\arraystretch}{1.5}
\renewcommand{\tabcolsep}{0.2cm}
\begin{tabular}[c]{r r c l}
    & No Study & = & Fail \\
    + & Study & = & No Fail \\
    \hline
    & (No + 1) Study & = & (No + 1) Fail \\
    $\Rightarrow$ & \sout{(No + 1)} Study & = & \sout{(No + 1)} Fail \\
    $\Rightarrow$ & Study & = & Fail
\end{tabular}
\end{document}