10. What was the amount of cash payments for taxes this year, using the direct method? a. $6,000 c. $10,000 b. $8,000 d. $12,000 The following Income Statement and account balance changes apply to questions 710 : 7. What were cash receipts from sales for the year, using the direct method? a $344,000 c. $428,000 b. $372,000 d. $400,000 400,00028,000=372,000 8. What was the amount of cash payments made during the year for inventory purchases, using the direct method? a. $267,000 c. $233,000 b. $217,000 d. $283,000 250,00025,000+8,000=225,000+8,000=233,000 9. What was the amount of cash payments for operating expenses this year, using the direct method? a. $54,000 c. $110,000 b. $94,000 d. $86,000