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Mason Company has prepared consolidated financial statements for the current year and is now gathering information in connection with the following five operating segments

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Mason Company has prepared consolidated financial statements for the current year and is now gathering information in connection with the following five operating segments it has identified. Company Total Sales to outside parties $1,717 Books $ 182 Computers Intersegment sales 547 42 $ 751 285 Maps $ 443 57 Travel $ 341 163 Finance $ 0 Interest income-external 133 78 0 0 0 55 Interest income-intersegment loans 165 0 0 0 0 165 Assets 3,713 251 1,468 293 371 1,330 Operating expenses 1,557 133 863 302 208 51 Expenses-intersegment sales 248 88 69 27 64 0 Interest expense-external 125 0 0 0 0 125 Interest expense-intersegment loans 219 39 89 56 35 0 Income tax expense (savings) 129 57 (23) 72 76 (53) General corporate expenses 100 Unallocated operating costs 125 Determine the reportable segments by performing each applicable test. (Figures are in thousands.) a. Revenue test: b. Profit or loss test: c. Asset test: Complete this question by entering your answers in the tabs below. Profit or Loss Revenue Test Asset Test Test Determine the reportable segments by performing profit or loss test. (Enter your answers in thousands of dollars.) Segment Reported or Not Revenues Expenses Profit Loss Reported Books $ 302 297 $ 5 Reportable Computers 1,036 998 2,034 Reportable Maps 500 457 43 Reportable Travel 504 383 121 Reportable Finance 220 123 97 Reportable $ Total $2,300 $ 0 2,562 2,258

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