A, B, and C formed a joint operation. The joint operators shall make initial contributions 40 each. Profit and loss shall be divided equally. The following data relate to the joint operation's transactions:

A B C

Joint operation 32 Cr. 40 Cr. 48 Cr.

Expenses paid from JO cash 20 8 12

Value of inventory take 20 24 16

1.How much is the joint operation's sales?

a. 280

b. 40

c. 80

d. 76

2.How much is the cash settlement to B?

a. 80 receipt

b. 80 payment

c. 32 receipt

d. 76 receipt