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: Italy 634,000 102,500 240,000 40,000 30,000 184,000 Greece 484,000 94,000 224,000 30,000 45,000 134,000 Spain 209,000 Sales Intersegment transfers Operating expenses Interest expense Income taxes Long-lived assets 206,000 27,000 78,000 125,000 The company's domestic (U.S.) operations reported the following information for the current year: Sales to unaffiliated customers Intersegment transfers Operating expenses Interest expense Income taxes Long-lived assets 4,610,000 482,000 2,465, 000 170,000 874,000 2,255,000 Taft has adopted the following criteria for determining the materiality of an individual foreign country: a. Calculate sales to unaffiliated customers within a country and as a percent of the consolidated sales. b. Calculate long-lived assets within a country and as a percentage of the long-lived assets. c. Apply Taft's materiality tests to identify the countries which are 10 percent or more of consolidated sales or consolidated long-lived assets to be reported separately