Lock & Key Inc. began operations on January 1, 2019. Its post-closing trial balance at December 31, 2019 and 2020, is shown below along with some other information. Lock & Key Inc. Income Statement For Year Ended December 31, 2020) (000) Revenues: Sales $3,310 Cost of goods sold 2,620 Gross Profit 690 Expenses Other expenses 650 Depreciation expense 240 Total expenses 890 $ 200 Loss Account Cash Receivables Lock & Key Inc. Post-Closing Trial Balance (0000) Merchandise inventory Property, plant and equipeent Accumulated depreciation Accounts payable Accrued liabilities Bonds payable Connon shares Petained earnings December 31 2020 2019 $ 2,260 $1,270 2,100 3,450 2,050 2,380 3,730 3,970 1,450 1,390 3,450 3,090 240 360 1,760 1,900 3,094 1,950 2,146 2,380