Digital Telephony issued $12\%$ bonds, dated January $1,$ with a face amount of $$45$ million on January $1,2024.$ The bonds mature in $2034(10$ years$).$ For bonds of similar risk and maturity the market yield is $16\%.$ Interest is paid semiannually on June $30$ and December $31.$ Digital recorded the issue as follows:

Note: Use appropriate factor$($s$)$ from the tables provided. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$

General Journal Debit Credit

Cash $36,163,755$

Discount on bonds $8,836,245$

Bonds payable $45,000,000$

Digital also leased switching equipment to Midsouth Communications, Incorporated on September $30,2024.$ Digital purchased the equipment from MDS Corporation at a cost of $$8$ million. The five$-$year lease agreement calls for Midsouth to make quarterly lease payments of $$566,013,$ payable each September $30,$ December $31,$ March $31,$ and June $30,$ with the first payment on September $30,2024.$ Digital's implicit interest rate is $16\%.$

Required:

What would be the amount$($s$)$ related to the bonds that Digital would report in its statement of cash flows for the year ended December $31,2024,$ under the direct method?

What would be the amounts related to the lease that Midsouth would report in its statement of cash flows for the year ended December $31,2024,$ under the direct method?

What would be the amounts related to the lease that Digital would report in its statement of cash flows for the year ended December $31,2024,$ under the direct method?

Assume MDS manufactured the equipment at a cost of $$7$ million and that Midsouth leased the equipment directly from MDS$.$ What would be the amounts related to the lease that MDS would report in its statement of cash flows for the year ended December $31,2024?$