The sum of n terms of a geometric series is given by

Substituting the given numbers, you have

There are 6 terms in the series.
The answer to your question is in this order :
-10, 0, 11, 20
I believe the answer is B because you distribute 4(x-8) to get 4x-32 and distribute 7(x-4) to get 7x-28
26% less than a value is best found by multiplying by (100 - 26)% = 74% = 0.74
So previous year x 0.74 = 40,700
Previous year = 40,700 / 0.74 = $55,000