1. The problem states that a balloon initially has a volume of 4400 cubic centimeters, and air leaks out over time. 2. We want to write an inequality for $V$, the volume of the balloon, as air leaks out. 3. Since air is leaking out, the volume $V$ decreases or stays the same but never increases beyond the original volume. 4. Therefore, the volume $V$ must be less than or equal to the original volume 4400. 5. The inequality describing this is: $$V \leq 4400$$ 6. This means the volume $V$ can be any value from 0 up to 4400 cubic centimeters as air leaks out. 7. This inequality correctly models the volume of the balloon over time as air escapes.