Dwayne wants to redecorate his bedroom and decides to purchase new furniture. The following graph could be used to represent the value of the new bedroom furniture, f(x), after x years.

a graph of an exponential function which decreases through the points 0 comma 1100 and 2 comma 704

Which of the following statements is/are true based on the graph and the context of the problem?


The function is positive on its entire domain.
The domain is x ≥ 0 to represent the number of years after the bedroom furniture was purchased.
The x-intercept (0, 1100) represents the initial cost of the bedroom furniture.