The following segmented annual income statement is for Sports Equipment, Inc.

	Product Lines
	Golf	Fishing	Football	Total
Sales revenue	$100,000	$400,000	$500,000	$1.000,000
Variable costs	60,000	200,000	340,000	600,000
Contribution margin	$40,000	$200,000	$160,000	$400,000
Direct fixed costs	16,000	24,000	36,000	76,000
Allocated fixed costs	?	?	?	90,000
Profit (loss)	$ ?	$ ?	$ ?	$ ?

If allocated fixed costs are based on sales revenue for each product line as a proportion of total sales revenue, what is the total profit or (loss) for all product lines?

Group of answer choices

$1,000,000

$117,000

$234,000

$72,000