Use the information above to answer the following question.The required entry(ies) on May 29 to record the recovery is: 
Definitions:
Statement of Cash Flows
A financial document summarizing the total cash inflows from operational activities and external investments a company gets, alongside the cash outflows for business operations and investments over a specific period.
Sale of Equipment
This transaction involves disposing of business equipment, typically recorded as a gain or loss in the financial statements, depending on the sale price versus book value.
Common Stock
A type of equity ownership in a corporation, with voting rights and potential dividends, that takes last priority in asset distribution upon liquidation.
Purchase of Equipment
The act of acquiring equipment for business operations, typically considered a capital expenditure.
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