Jarvis Corporation has six different operating segments reporting the following operating profit and loss figures:
K ..... $ 80,000 loss
L ....... 140,000 profit
M ...... 940,000 loss
N .... $440,000 profit
O ..... 90,000 profit
P ...... 100,000 profit

With respect to the profit or loss test, which of the following statements is not true?
a. K is not a reportable segment based on this one test.
b. L is a reportable segment based on this one test.
c. O is not a reportable segment based on this one test.
d. P is a reportable segment based on this one test.