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Five years ago, Lewis Equipment purchased equipment costing $ 2 1 2 , 0 0 0 . Two years ago, the firm paid $ 3

Five years ago, Lewis Equipment purchased equipment costing $212,000. Two years ago, the firm paid $32,000 for updates to that equipment. This year, the firm sold the equipment for $189,000. Which of these cash flows is (are) cash inflows to Lewis Equipment

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