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Lamar Corporation purchased land for $147,000. Later in the year the company sold land with a book value of $183,000 for $205,000. Show how the

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Lamar Corporation purchased land for $147,000. Later in the year the company sold land with a book value of $183,000 for $205,000. Show how the effects of these transactions are reported on the statement of cash flows using the indirect method

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