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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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