Could you please explain each step of the process? I am having difficulty understanding the question and how to solve it. Thank you so much!!

20. Abox with an open top is to be constructed from a 4 ft by 3 rectangular piece of cardboard by cutting out squares or rectangles from each of the four corners, as shown in the gure, and bending up the sides. One of the longer sides of the box is to have a double layer of cardboard, which is obtained by folding the side twice. Find the largest volume that such a box can have