Lock & Key Inc. began operations on January 1, 2022. Its post-closing trial balance at December 31, 2022 and 2023, is shown below along with some other information.

Lock & Key Inc.
Income Statement
For Year Ended December 31, 2023
(000s)
Revenues:
Sales				$	3,310
Cost of goods sold					2,620
Gross Profit					690
Expenses:
Other expenses	$	650
Depreciation expense		240
Total expenses					890
Loss				$	200

Lock & Key Inc.
Post-Closing Trial Balance
(000s)
	December 31
Account	2023			2022
Cash	$	2,260		$	1,270
Receivables		2,100			1,450
Merchandise inventory		2,050			2,380
Property, plant and equipment		3,730			3,970
Accumulated depreciation		1,450			1,390
Accounts payable		1,450			1,090
Accrued liabilities		240			360
Bonds payable		1,760			1,900
Common shares		3,094			1,950
Retained earnings		2,146			2,380

Other information regarding Lock & Key Inc. and its activities during 2023:

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 indirect method) for the year ended December 31, 2023. (List any deduction in cash and cash outflows and loss as negative amounts. Enter amounts in thousands, not in dollar.)