Question One Lock & Key Inc. began operations on January 1, 2016. Its post-closing trial balance at December 31, 2016, and 2017 is shown below along with some other information. Lock & Key Inc. Income Statement For Year Ended December 31, 2017 (000s) Lock & Key Inc. Post-Closing Trial Balance (000s) December 31- 2017 2016 Revenues: Account asan. $2,160 $1,260 Recevables. 2,100 1,440 Merchandise inventory2,040 2,280 Property, plant, and equipment.... 3,720 3,960 Accumulated depreclation. 1,440 1,380 Accounts payable. 1,440 1,080 Accrued llabilities.. Bonds payable 1,680 1,800 Common shares... Retained earnings... Sales 3,300 Cash. Cost of goods sold.. Gross Profit.uca 780 Expenses: Other expenses. Depreciation epens.240 Total expenses. 660 240 360 Lossu 3,084 ...2,136 2,040 2,280 Other information regarding Lock & Key Inc. and its activities during 2017 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. Using the information provided, prepare a statement of cash flows (applying the indirect method) for the year ended December 31, 2017