Question: Please answer asap the assignment is timed along with work thank you! E12-13 (Algo) Preparing and Evaluating a Statement of Cash Flows (Indirect Method) from

Please answer asap the assignment is timed along with work thank you!
Please answer asap the assignment is timed along with work thank you!
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

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 pald $17,000 to purchase land and repaid $2,000 principal on an existing promissory note. In March, the company paid $2,200 cash for dividends and $1,200 to repurchase and eliminate Consultex stock that had previously been issued for $1,200. To improve its cash position, Consultex borrowed $5,200 by signing a new promissory note in May and also issued stock to a new private investor for $12,200 cash. Year-end comparative balance sheets and income statements are presented below. 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.) 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.) Cash Flows from Investing Activities: Cash Flows from Financing Activities

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