Line up the chairs in a row, with the throne on the left. We either (i) do not paint the throne or (ii) paint the throne red.
Case (i): We have $n-1$ chairs left in the row, and want to paint $k$ of them red.
So $n-k-1$ of them will remain unpainted. Write down $n-k-1$ occurrences of $\times$, like this
$$ \times\quad\times\quad\times\quad\times\quad\times\quad\times\quad\times\quad\times\quad\times$$
to represent spots for the unpainted chairs. These determine $n-k$ "gaps" ($n-k-2$ real gaps between $\times$'s, plus the $2$ "endgaps") from which we must choose $k$ to slip a painted chair into. There are $\binom{n-k}{k}$ ways to do this. By a standard result, easily checked by a combinatorial argument or by playing with factorials, we have
$$\binom{n-k}{k}=\frac{n-k}{k}\binom{n-k-1}{k-1},\tag{1}$$
Case (ii): We must leave the chair next to the throne, and the one at the right end, unpainted. So we must paint $k-1$ of the remaining $n-3$. That will leave $n-k-2$ unpainted. A "gap" argument like the previous one shows that there are
$$\binom{n-k-1}{k-1}\tag{2}$$ ways to do this.
Finishing: Add the answers (1) and (2). We get
$$\left(\frac{n-k}{k}+1\right)\binom{n-k-1}{k-1},$$
which is what we wanted to show.