E12-13 (Algo) Preparing and Evaluating a Statement of Cash Flows (Indirect Method) from Comparative Balance Sheets and Income Statements [LO 12-1, LO 12-2, LO 12-3, LO 12-4, LO 12-5] 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 \$12,000 to purchase land and repaid \$4,000 principal on an existing promissory note. In March, the company paid \$1,200 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 $4,200 by signing a new promissory note in May and also issued stock to a new private investor for $11,200 cash. Year-end comparative balance sheets and income statements are presented below. Required: 1. Prepare a properly formatted Statement of Cash Flows for Consultex, Incorporated, for the year ended October 31, 2021 (using the indirect method) (Amounts to be deducted should be indicated with a minus sign.) \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ CONSULTEX, INCORPORATED } \\ \hline \multicolumn{1}{|c|}{ For the Year Ended October 31, 2021 } \\ \hline Cash Flows from Operating Activities: & \\ \hline Changes in Current Assets and Current Liabilities & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Cash Flows from Investing Activities: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}