2 Problem 8-35 (Static) (LO 8-2) 9.28 Ecru Company has identified five industry segments: plastics, metals, lumber, paper, and finance. points It appropriately consolidated each of these segments in producing its annual financial statements. Information describing each segment (in thousands) follows: Sales to outside parties Intersegment transfers Interest income from outside parties Interest income from intersegment loans Operating expenses Interest expense Tangible assets Intangible assets Intersegment loans (debt) Plastics $6,694 Metals $2,354 Lumber 148 173 0 34 $ 711 138 21 Paper $ 422 150 $ Finance 0 0 0 42 0 0 0 0 201 4,214 76 1,762 1,066 654 31 31 66 28 102 1,501 87 0 3,196 524 771 179 403 0 63 0 0 0 0 706 Ecru does not allocate its $1,460,000 in common expenses to the various segments. Perform testing procedures to determine Ecru's reportable operating segments. a. Revenue test: b. Profit or loss test: c. Asset test: Return to