Consultex, Incorporated, was founded in 2018 as a small financial consulting business. The company had done reasonably well from 2018 through 2020 but started noticing its cash dwindle early in 2021. In January 2021, Consultex had paid $13,500 to purchase land and repaid $3,000 principal on an existing promissory note. In March, the company paid $1,500 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 $4,500 by signing a new promissory note in May and also issued stock to a new private investor for $11,500 cash. Year-end comparative balance sheets and income statements are presented below.

CONSULTEX, INCORPORATED
Balance Sheet
October 31
	2021	2020
Assets
Cash	$ 10,810	$ 13,000
Accounts Receivable	13,000	11,500
Prepaid Rent	1,750	2,500
Land	23,500	10,000
Total Assets	$ 49,060	$ 37,000
Liabilities and Stockholders Equity
Salaries and Wages Payable	$ 1,750	$ 2,500
Income Taxes Payable	1,000	1,000
Notes Payable (long-term)	13,000	11,500
Common Stock	19,000	8,500
Retained Earnings	14,310	13,500
Total Liabilities and Stockholders Equity	$ 49,060	$ 37,000

CONSULTEX, INCORPORATED
Income Statement
For the Year Ended October 31
	2021	2020
Sales Revenue	$ 155,500	$ 158,500
Salaries and Wages Expense	97,500	96,500
Rent Expense	35,500	29,500
Utilities Expenses	19,200	19,500
Income before Income Tax Expense	3,300	13,000
Income Tax Expense	990	3,900
Net Income	$ 2,310	$ 9,100

Prepare a properly formatted Statement of Cash Flows for Consultex, Incorporated, for the year ended October 31, 2021 (using the indirect method).