Hi Delanie S
Slope Intercept Form is
y = mx + b where m is the slope and the point with coordinates (0,b) represent the y intercept
Parallel lines have exactly the same slope, and you are actually given the point (0,4) which represents the y intercept for the parallel line so
Since the slope of y = (1/4)x - 1, is 1/4, then the slope of the parallel line has the same slope
y = (1/4)x + b
We were given the y intercept as (0,4) where x = 0 and y = 4 = b; so our parallel line is below
y = (1/4)x + 4
For a line perpendicular to y = (1/4)x -1
A perpendicular line would have a slope m, that is the inverse of 1/4 with opposite sign so m would be
negative 4 (-4/1)
y = -4x + b
Again since we are given the point (0,4) the y intercept we know x = 0, y = 4 = b and finally we have
y = -4x + 4
You can graph all your lines at Desmos.com to check and confirm that they are parallel/perpendicular to y = (1/4)x - 1
Hope this helps.

Brenda D.
10/16/23
Delanie S.
I entered this answer in but it says it is wrong.10/16/23