Powell Company's condensed income statement for the year ended December 31,202, is shown. Additional information obtained from Powell's comparative balance sheet and auxiliary records as of December 31,202 and 201, is shown. Depreciation expense for 202, included in operating expenses on the income statement, was $29,000. Required: 1. Prepare a schedule for the calculation of cash generated from operating activities for Powell Company for the year ended December 31 , 202. 2. Prepare a partial statement of cash flows for Powell Company reporting cash from operating activities under the direct method for the year ended December 31,202 order of additional information. 2. Prepare a partial statement of cash fiows for Powell Company reporting cash from operating activities under the direct method for the year ended December 31,202 Powell Company's condensed income statement for the year ended December 31,202, is shown. Additional information obtained from Powell's comparative balance sheet and auxiliary records as of December 31,202 and 201, is shown. Depreciation expense for 202, included in operating expenses on the income statement, was $29,000. Required: 1. Prepare a schedule for the calculation of cash generated from operating activities for Powell Company for the year ended December 31 , 202. 2. Prepare a partial statement of cash flows for Powell Company reporting cash from operating activities under the direct method for the year ended December 31,202 order of additional information. 2. Prepare a partial statement of cash fiows for Powell Company reporting cash from operating activities under the direct method for the year ended December 31,202