Spongebob: Mr. Krabs Mr. Krabs Mr. Krabs!

Mr. Krabs: What What What?

Spongebob: Rarity Rarity Rarity

Mr. Krabs: Yes Yes Yes?

Spongebob: She ate She ate She ate!

Mr. Krabs: Out with it, boy!

SpongeBob: [talking fast] Me and Patrick were playing Eels and Escalators, and Patrick was going up-up-up, and I had to ride the eel and then we ran and saw Rarity, she ate a cake.

Mr. Krabs: [eyes SpongeBob] What kind of cake?

SpongeBob: Well, she ate...

Mr. Krabs: Yes?!

SpongeBob: Well, uh, let's just say she ate a certain cake that you said we shouldn't eat, and this particular cake is very important for a special occasion.

Mr. Krabs: Uh... right, now what was that part about the, um... Who now?

Patrick: [walks in door of the Krusty Krab and eats an ice cream cone, but throws away the cone] Mr. Krabs Mr. Krabs Mr. Krabs!

[Mr. Krabs sighs]

SpongeBob and Patrick: She ate that cake that you said we shouldn't eat...!

SpongeBob: ...special occasion...

[They babble on about the cake, as Mr. Krabs stares on disapprovingly, until the two are just pointing at each other and yelling, "Dah-dah-dah-dah-dah-dah-dah-dah-dah-dah!"; Mr. Krabs eventually grabs their lips to quiet them.]

SpongeBob and Patrick: Mmm-mmm...!

Mr. Krabs: Now I'm gonna let go of yer lips, and when I do, I want you to calmly tell me what youse need to tell me, understand?

SpongeBob and Patrick: Mmm-hmm...

[Mr. Krabs lets go of their lips, which initially deflate, then reinflate; they both point at Rarity]

Spongebob and Patrick: She ate the blue cake!

Mr. Krabs: [gasps] Do my ears deceive me?! You should be ashamed! Time to take out the trash. [picks Rarity by her tail and carries her outside the Krusty Krab] You need to be taught a lesson. I thought I made it clear. Never, and I mean, never eat the blue cake! Now you wait right here. I'll be back. [walks back in Krusty Krab]

Patrick: What's going to happen to her?

SpongeBob: She'll probably get 40 lashes!

Patrick: Oh, no! [stupidly imagines Rarity blinking with 40 thick eyelashes]

Rarity: I'm sorry, Patrick and Spongebob. Mr. Krabs was right. There's no need for greed like that.

SpongeBob: Let's make a vow, Rarity. From this day forth, we shall never do any greed! We'll be good citizens, just like good ol' Mr. Krabs.

Rarity: [shakes hands with SpongeBob and Patrick] Agreed!

Mr. Krabs: All right, you greed mouth. As punishment for ruining the special moment in the restaurant with yer greed, you're going to give the Krusty Krab a fresh coat of paint from top to bottom.