XYZ Company has provided the following information:

$20222021$

Assets

Cash $7010$

Accounts Receivable $1820$

Inventory $5040$

Total current assets $7570$

PP&E $240200$

less accumulated depreciation $650500$

Net PP&E $175150$

Total assets $250220$

Liabilities and Stockholders Equity

Accounts payable $440400$

Common stock $150145$

Retained earnings $56350$

Total Liabilities and stockholders equity $250220$

Sales $$300$

Cost of goods sold $175$

Gross margin $125$

Selling and admin expenses $100$

Net income $25$

This year the company declared and paid a cash dividend.

There were no sales of PP&E$.$

The company did not repurchase any of its own stock.

Required: Why do students try to cheat on exams?

Prepare a statement of cashflows, using the indirect method.