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PLEASE ANSWER WITHIN 30 MINUTES (by 11:30 PM EST) I WILL THUMBS UP IF CORRECT!...

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Accounting

PLEASE ANSWER WITHIN 30 MINUTES (by 11:30 PM EST) I WILL THUMBS UP IF CORRECT!

The following information pertains to Kelp Corp. and its operating segments for the year ended December 31, year 1:

Combined profit of segments reporting profit $600,000

Combined loss of segments reporting loss (400,000)

Combined profit and loss of all segments 200,000

Kelp has a reportable segment if that segment's operating profit or loss is

55,000 loss

55,000 profit

60,000 profit

25,000 profit

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