38. Taft Corporation operates primarily in the United States. However, a few years ago it opened a plant in Spain to produce merchandise to sell there. This foreign operation has been so successful that during the past 24 months the company started a manufacturing plant in Italy and another in Greece. Financial information for each of these facilities follows: Spain Italy Greece $175.000 $600,000 100,000 206,000 29,000 19,000 150,000 $450,000 60,000 190,000 19,000 34,000 100,000 Sales.... Intersegment transfers Interest expense . Long-lived assets. 172,000 16,000 67,000 91,000 The company's domestic (U.S.) operations reported the following information for the current year: $ 4,500,000 427,000 2,410,000 136,000 819,000 2,200,000 Sales to unaffiliated customers. Long-lived assets.. Taft has adopted the following criteria for determining the materiality of an individual foreign coun- try: (1) Sales to unaffiliated customers within a country are 10 percent or more of consolidated sales or (2) long-lived assets within a country are 10 percent or more of consolidated long-lived assets. Apply Taft's materiality tests to identify the countries to report separately with respect to (a) revenues and (b) long-lived assets