P24-2B (Segmented Reporting) Hazard Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2015.

	A	B	C	D	E
SALES REVENUE	$340,000	$120,000	$80,000	$20,000	$490,000
COST OF GOODS SOLD	$195,000	$95,000	$30,000	$8,000	$300,000
OPERATING EXPENSES	$60,000	$50,000	$35,000	$6,000	$110,000
TOTAL EXPENSES	$255,000	$145,000	$65,000	$14,000	$410,000
OPERATING PROFIT [LOSS]	$85,000	($25,000)	$15,000	$6,000	$80,000
INDETIFIABLE ASSETS	$126,000	$30,000	$52,000	$5000	$389,000

Sales of segments A and C included intersegment sales of $45,000 and $76,000, respectively. Instructions (a) Determine which of the segments are reportable based on the: (1) Revenue test. (2) Operating profit (loss) test. (3) Identifiable assets test. (b) Prepare the necessary disclosures required by GAAP.