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on january 1 2011 swinger inc. purchases a batting machine for $240,000 that has an estimated useful life of 5 years and an expected residual

on january 1 2011 swinger inc. purchases a batting machine for $240,000 that has an estimated useful life of 5 years and an expected residual value of $20,000. what is the effect of this transaction on the company's statement of cash flows for the year ended december 31, 2011

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