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Lamar Corporation purchased land for $147,000. Later in the year the company sold land with...

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Accounting

Lamar Corporation purchased land for $147,000. Later in the year the company sold land with a book value of $188,000 for $211,000. Show how the effects of these transactions are reported on the statement of cash flows using the indirect method. Hide Statement of Cash Flows Cash flows from operating activities: $ Cash flows from investing activities: $

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