Thank you, I had to go through GoDaddy and it was a round-about process to copy the footer.php tot he child theme folder, i edited the code and put mine in where you suggested so it looks like this.
<body>
<div class="container_16">
<div id="myfooter">
<a href="http://www.bbb.org/louisville/Business-Reviews/construction-management/construction-administrative-services-in-louisville-ky-159136586/bbb-accreditation"><img src="http://hartlandbuilders.com/wp-content/uploads/2013/06/logo-BBB-Accredited1.jpg" width="195" height="70" alt="bbb" longdesc="http://hartlandbuilders.com/wp-content/uploads/2013/06/logo-BBB-Accredited1.jpg" /></a>
</div>
</div>
</div>
</div> <!-- end .wrapper -->
<?php wp_footer(); ?>
</body>
</html>
But once I hit update file, nothing happens on my site? I'm editing the footer.php in my child's theme editor on wordpress after I made a copy of the footer.php from my parent theme. Is my code wrong?