Brilant Digital Servicos, Ine, has provided the following data from the company's records for the year just ended December 31 : (Clok the icon to vew the data.) Requirements 1. Prepare the statement of cash fows for Brillant Digital Servoes, inc, using the direct method for cash flows from cperations. Note that you will need to calculate the onding balance of cash and cash equivalents. include a schedule of noncash investing and financing activitios. 2. Evaluate Brillantrs cash flows for the year. Diteuss each of the categories of cash flows in your response. Requirement 1. Propare the statement of cash flows for Brillant Digital Servoes, inc, using the direct method for cash flows from operations. Note that you will need to calculate the ending balance of cash and cash equivalents. fnclude a schedule of noncash investing and financing activitios. Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be suberacted or for a net cash outflow.) Investing Activities: Noncesh investing and financing transactons: Total noncash investing and financing activities Requirement 2. Evaluate Brillants cash flows for the year. Discuss each of the calegories of eash fows in your response. The year was a year from a cash-flow standpoint Operations fatti in the company. cosh, and the corrpany was to issue new stock, which means the slockholders The business in plant assets and their debt, which generaly bodes for the future. Data table t. Payments on long-term notes payable. ..............\$ $44,000 u. Interest expense and payments 12,400 v. Purchase of equipment by issuing common stock to seller .$17,500 y. Loss on sale of plant assets $$3,800 z. Cash and cash equivalents balance, beginning of year. $25,700