Ill. A and B formed a joint operation. The following were the transactions during the year: A B Total purchases 400 320 Total sales 480 240 Expenses paid 800 Other income 40 The joint operation was completed at the end of the year. Each joint operator is entitled to a 10% commmission on its purchases and a 20% commission on its sales. Any remaining profit or loss is divided equally. 5. How much is the profit (loss) of the joint operation? 6. On the cash settlement between the joint operators, B pays A_