Lock & Key Inc. began operations on January 1, 2019. Its post-closing trial balance at December 31, 2019 and 2020, is shown be along with some other information. $3,270 2,99 370 Revenues : Sales Cost of goods sold Gross Profit Expenses: Other expenses Depreciation expense Total expenses LOSS $ 750 240 990 620 $ Lock & Key Inc. Post-closing Trial Balance (2005) December 31 Account 2020 2019 Cash $ 1,660 $ 1,210 Receivables 2,050 1,390 Merchandise inventory 1,999 2,230 Property, plant and equipment 3,670 3,910 Accumulated depreciation 1,390 1,330 Accounts payable 1,390 1,30 Accrued liabilities 240 360 Bonds payable 1,230 1,750 Common shares 3,034 1,500 2.086 2.770 cash Receivables Merchandise inventory Property, plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Bonds payable Common shares Retained earnings $ 1,666 2,850 1,999 3,670 1,390 1,390 240 1,230 3,034 2,086 $ 1,210 1,390 2,230 3,918 1,338 1,030 360 1,750 1,500 2,770 Other information regarding Lock & Key Inc. and its activities during 2020: 1. Assume all accounts have normal balances. 2. Cash dividends were declared and paid during the year. 3. Equipment was sold for cash equal to its book value. Required: Using the information provided, prepare a statement of cash flows (applying the widecte) to the yeutended Decembe 1 2020. (List any deduction in cash and cash outflows and lost negative amounts, Emer amountain thond in dot Cash flows from operating activities: Adjustments to reconcile profit to net cash inflows from operating activities Cash flows from investing activities Cash flows from financing activities: Nex Cash flows from investing activities Cash flows from financing activities: N