Chosen Solution

At the startup chime the display comes on with these vertical lines. As the boot-up continues the screen color changes indicating the system is running. I accessed the the diagnostic LEDs, all 4 are lit. Do I need a replacement display or logic board?

Your display panel is damaged, you can prove that by hooking up an eternal display as the image on it will be clean. This is a common issue with the newer Thin series as the display is glued on so if you don’t use the correct tools and techniques to remove it you can easily damage the display. Here’s the needed tools: iMac Intel 27" (2012-2019) Adhesive Strips with the toolTwo sets of these Plastic Cards And Parts: One set of these iFixit Opening Picks (Set of 6)This is the needed display 27" Display Assembly, Apple P/N 661-7169 And here’s the guide which you need to follow: iMac Intel 27" EMC 2546 Display Replacement