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. Kaycee Corporation's revenues for the year ended December 31, 2010, were as follows: Consolidated Revenue per the Income Statement: $1,200,000 Upstream Intersegment Sales: $180,000
. Kaycee Corporation's revenues for the year ended December 31, 2010, were as follows: Consolidated Revenue per the Income Statement: $1,200,000 Upstream Intersegment Sales: $180,000 Downstream Intersegment Sales: $60,000 For purposes of the Revenue Test, what amount will be used as the benchmark for determining whether a segment is reportable? A. $24,000. B. $120,000. C. $138,000. D. $144,000. E. $0
Answer was D but I need detailed help with steps as to how.
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