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Make a custom record inactive

I have created a custom table to hold custom information. What I need to do is to set specific records Inactive when they are no longer applicable. I don't want to delete the record, just make it inactive to keep the history. I know how to display the Inactive field on the custom record table. But I don't see how to make it so that it can be set. Going into Edit for a record doesn't show an Inactive filed to check.

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