Problem 24-02

Sandhill 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 2021.

		A		B			C		D		E
Sales revenue		$39,900		$75,300			$573,800		$35,400		$55,100
Cost of goods sold		19,000		49,500			265,900		19,300		30,200
Operating expenses		10,100		40,500			233,700		11,900		18,300
Total expenses		29,100		90,000			499,600		31,200		48,500
Operating profit (loss)		$10,800		$(14,700)			$74,200		$4,200		$6,600
Identifiable assets		$35,200		$79,900			$493,400		$66,300		$49,900

Sales of segments B and C included intersegment sales of $20,300 and $98,400, respectively.

Determine which of the segments are reportable based on the:

				Reportable Segment
(1)		Revenue test.

(2)		Operating profit (loss) test.
(3)		Identifiable assets test.

Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

		A		B		C		Other		Totals
External Revenues		$		$		$		$		$
Intersegment Revenues
Total Revenues										$
Cost of Goods Sold
Operating Expenses
Total Expenses
Operating Profit (Loss)		$		$		$		$		$
Identifiable Assets		$		$		$		$		$