Fireside Corporation is organized into four operating segments. The internal reporting system generated the following segment information: The company incurred additional operating expenses (of a general nature) of $700,000. What is the profit or loss of each of these segments? Perform the profit or loss test to determine which of these segments is separately reportable.

Fireside Corporation is organized into four operating segments. The internal reporting system generated the following segment information: The company incurred additional operating expenses (of a general nature) of $700,000. What is the profit or loss of each of these segments? Perform the profit or loss test to determine which of these segments is separately reportable. Cards Calendars Clothing Books Revenues from outsiders Intersegment Transfers Operating Expenses 1,200,000 100,000 900,000 900,000 200,000 1,350,000 1,000,000 0 700,000 800,000 50,000 770,000