Use the following information for the next two questions. A, B and C formed a joint operation for the sale of assorted fruits during the Christmas season. Their transactions during the two-month period are summarized below Joint operation Nov. 5 Merchandise-A 8,500 Nov. 15 Cash sales-C 20,400 12 Merchandise-B 7,000 18 Cash sales-C 4,200 14 Freight-in-C 200 30 Merchandise-B 1.210 Dec. 10 Purchases-C 3,500 Dec 25 Unsold mdse, charged to A 540 22 Selling expenses-C 550 The joint arrangement provided for the division of gains and losses among A, B and C in the ratio of 23:5 The Joint operation is to close on December 31, 2008. 29. What is the joint operation profit? a. (6,600) VE pe seseyond sy uo 000 sem uogejada b. 6.600 c. 6.06 d. (6,060) 30. What is the amount of cash that A will raceive on final settlement? a. 9,280 b. 9,712 C. 8,500 d. 1.212 nieco flot and to