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.

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

Assume all accounts have normal balances.

Cash dividends were declared and paid during the year

Required:

Using the information provided, prepare a statement of cash flows $($applying the indirect method$)$ for the year ended December $31,$

Required:

Using the information provided, prepare a statement of cash flows $($applying the indirect method$)$ for the year ended December $31,$

$($List any deduction in cash and cash outflows and loss as negative amounts. Enter amounts in thousands, not in dollar.$)$