Sheffield Textiles Ltd. entered into a lease obligation during 2020 to acquire a cutting machine. The amount recorded to the Right- of-Use Asset account and the corresponding Lease Liability account was $80,000 at the date of signing the lease. Sheffield made the first annual lease payment of $2,120 at the date of signing, and by the end of 2020 had recorded depreciation of $1,060 for the machine. Provide the necessary disclosure for these transactions on the statement of cash flows prepared using the direct method. Sheffield follows IFRS and records its interest payments as a financing activity. (Show amounts that decrease cash flow with either a - signe.g. -15,000 or in parenthesis e.g. (15,000).) Sheffield Textiles Ltd. Statement of Cash Flows