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Kerby Company has three lines of business, each of which is a significant industry segment. Company sales aggregated P3,120,000 in 2023, of which Segment Sofia
Kerby Company has three lines of business, each of which is a significant industry segment. Company sales aggregated P3,120,000 in 2023, of which Segment Sofia contributed 55 percent. Traceable costs were P848,000 for Segment Sofia from a total of P1,720,000 for the company as a whole. In addition, P690,000 of common costs are allocated in the ratio of a segment's income before common costs to the total income before common costs.
For Segment Sofia, Kerby should report a 2023 segment profit of?
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