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Official: Capsized boat had enough life jackets

The Kandi Won, which capsized and sank on

Photo credit: James Carbone | The Kandi Won, which capsized and sank on July 4th, is lifted out of the water at the Oyster Bay Marine Center. The accident killed three children. (July 11, 2012)

A cabin cruiser that capsized July 4, killing three children on board, appears on preliminary inspection to have been mechanically and structurally sound, a source with knowledge of the investigation said.

There also were enough life jackets on board for all the passengers, the source said this week.

The finding is the first to become known since the investigation began more than a month...

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