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 $17,500 to purchase land and repaid $2.000 principal on an existing promissory note. In March, the company paid $2,300 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 $5,300 by signing a new promissory note in May and also issued stock to a new private investor for $12,300 cash. Year-end comparative balance sheets and income statements are presented below. CONSULTEX, INCORPORATED Balance Sheet October 31 2021 2020 Assets Cash $ 10,530 $ 14,600 Accounts Receivable 14,600 12,300 Prepaid Rent 2,150 3,300 Land 27,500 10,000 Total Assets $ 54,780 $40,200 Liabilities and Stockholders' Equity Salaries and Wages Payable 5 2,150 $ 3,300 Income Payable 1,000 1,000 Notes Payable (long-term) 15,600 12,300 Common Stock 20,600 9,300 Retained Earnings 15,430 14,300 Total Liabilities and Stockholders' Equity $ 54,780 $ 40,200 CONSULTEX, INCORPORATED Income Statement For the Year Ended October 31 2021 2020 Sales Revenue $ 159,500 $ 162,500 Salaries and Wages Expense 98,300 97,300 Rent Expense 36,300 30,300 Utilities Expenses 20,000 20,300 Income before Income Tax Expense 4,900 14,600 Income Tax Expense 1,470 4,380 Net Income $ 3,430 $ 10,220 Required: 1. Prepare a properly formatted Statement of Cash Flows for Consultex, Incorporated, for the year ended October 31, 2021 (using th Indirect method). (Amounts to be deducted should be indicated with a minus sign.) CONSULTEX, INCORPORATED Statement of Cash Flows For the Year Ended October 31, 2021 Cash Flows from Operating Activities: Changes in Current Assets and Current Liabilities Cash Flows from Investing Activities: Cash Flows from Financing Activities