For many years, the Clark Company operated exclusively in the United States, but recently it expanded its operations to the Pacific Rim countries of New Zealand, Singapore, and Australia. After a modest beginning in these countries, recent successes have resulted in an increased level of operations in each of these countries. Operating information (in thousands of U.S. dollars) for the company's domestic and foreign operations is presented below.

In addition, common costs of \(\$ 120,000\) are to be allocated to operations on the basis of the ratio of an area's sales to nonaffiliates to total company sales to nonaffiliates.
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a. Determine the profit or loss for each geographic segment.

b. Discuss the general reporting requirements related to the company's geographic areas.

c. Determine which, if any, of the three individual foreign geographic segments is separately reportable, using a 10 percent materiality threshold.

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United States New Zealand Singapore Australia Sales to unaffiliated $2,500 $320 $ 60 $120 Interarea sales 100 10 Operating expenses 1,820 290 70 Long-lived assets 2,200 280 140 30 30 80