24000 22000 Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $48,000. The annual cash inflows for the next three years will be:

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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