Consultex, Inc., was founded in $2018$ as a small financial consulting business. The company had done reasonably well in $20182020$ but started noticing its cash dwindle early in $2021.$ In January $2021,$ Consultex had paid $$16,000$ to purchase land and repaid $$2,000$ principal on an existing promissory note. In March, the company paid $$2,000$ cash for dividends and $$1,000$ to repurchase and eliminate Consultex stock that had previously been issued for $$1,000.$ To improve its cash position, Consultex borrowed $$5,000$ by signing a new promissory note in May and also issued stock to a new private investor for $$12,000$ cash. Year$-$end comparative balance sheets and income statements are presented below.E$12-13$ Preparing and Evaluating a Statement of Cash Flows $($Indirect Method$)$ from Comparative Balance Sheets and Income Statements presented below.