Solution:
We know that:
- Equation of parallel line: y = 2x - 2
Since the parallel line has a slope of 2, the equation of the original line will also have a slope of 2. Now, let's use point-slope form to find the equation.
- y - y₁ = m(x - x₁)
- y - (-1) = 2(x - 5)
- y + 1 = 2(x - 5)
Thus, the equation of the line in point slope form is y + 1 = 2(x - 5).