SCHEDULE FOR CALCULATION OF CASH GENERATED FROM OPERATING ACTIVITIES Using the information provided in Problem 23-9B for Kennington Company, prepare the following:

1. A schedule for the calculation of cash generated from operating activities for Kennington Company for the year ended December 31, 20-2.

2. A partial statement of cash flows for Kennington Company reporting cash from operating activities under the direct method for the year ended December 31, 20-2.