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 $19.500 to purchase land and repaid \$2.000 principal on an existing promissory note. In March, the company paid $2,700 cash for dividends and $1,100 to repurchase and eliminate Consultex stock that had previously been issued for $1,100. Io improve its cash position, Consultex borrowed $5,700 by signing a new promissory note in May and also issued stock to a new private investor for $12.700 cash. Year-end comparative balance sheets and income statements are presented below. Statement of Cash Flows For the Year Ended October 31, 2021 Cash Flows from Operating Activities: Net Income $3,990 Changes in Current Assets and Current Liabilities \begin{tabular}{|l|r|r|} \hline Accounts Receivable & (2,700) & \\ \hline Prepaid Rent & 1,350 & \\ \hline Salaries and Wages Payable & (1,350) & \\ \hline & & \\ \hline & & 1,290 \\ \hline \end{tabular} Cash Flows from Investing Activities: \begin{tabular}{|l|l|l|} \hline Purchased Land & (19,500) & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} Cash Flows from Financing Activities: 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 $19,500 to purchase land and repaid $2.000 principal on an existing promissory note. In March, the company paid $2,700 cash for dividends and $1,100 to repurchase and eliminate Consultex stock that had previously been issued for $1,100. To improve its cash position, Consultex borrowed $5,700 by signing a new promissory note in May and also issued stock to a new private investor for $12,700 cash. Year-end comparative balance sheets and income statements are presented below