INSPECT Statement - Format 2

1 INSPECT identifier-1 REPLACING
2+ 
2.0 CHARACTERS BY
2.0.1 identifier-5
2.0.1 literal-3
2.0.2+ 
2.0.2? %phrase 1
2.0.0 ALL
2.0.0 LEADING
2.0.0 FIRST
2.0.1+ 
2.0.1 %phrase 2

phrase 1:

1 BEFORE
1 AFTER
2? INITIAL
3 identifier-4
3 literal-2

phrase 2:

1 identifier-3
1 literal-1
2 BY
3 identifier-5
3 literal-3
4+ 
4.0? 
4.0.0 BEFORE
4.0.0 AFTER
4.0.1? INITIAL
4.0.2 identifier-4
4.0.2 literal-2