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 $ 218,000 Sales Intersegnent transfers Operating expenses Interest expense Income taxes Long-lived assets 214,000 31,000 82,000 133,000 Italy $ 642.000 102,100 248,000 44,000 34,000 192,000 Greece $ 492,000 102,000 232.000 34.000 49,000 142,000 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 $ 4,650,000 502,000 2,485,000 178,000 894,000 2,275,000 Taft has adopted the following criteria for determining the materiality of an individual foreign country: (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. 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. LU UJJ c. Apply Taft's materiality tests to identify the countries which are 10 percent or more of consolida assets to be reported separately. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate sales to unaffiliated customers within a country and as a percent of the consolidated sales. answers to 2 decimal places.) Revenues United States Spain Italy Greece Percentage % % % % % Total Required A Required B > ook 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 consolida assets to be reported separately. Tint Complete this question by entering your answers in the tabs below. rences Required A Required B Required C Calculate long-lived assets within a country and as a percentage of the long-lived assets. (Round you 2 decimal places.) Assets Percentage % % United States Spain Italy Greece % % Total %