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				Italy				Greece
Sales	$	175,000			$	600,000			$	450,000
Intersegment transfers		0				100,000				60,000
Operating expenses		172,000				206,000				190,000
Interest expense		16,000				29,000				19,000
Income taxes		67,000				19,000				34,000
Long-lived assets		91,000				150,000				100,000

The companys domestic (U.S.) operations reported the following information for the current year:

Sales to unaffiliated customers	$	4,500,000
Intersegment transfers		427,000
Operating expenses		2,410,000
Interest expense		136,000
Income taxes		819,000
Long-lived assets		2,200,000

Taft has adopted the following criteria for determining the materiality of an individual foreign country:

Calculate sales to unaffiliated customers within a country and as a percent of the consolidated sales.

Calculate long-lived assets within a country and as a percentage of the long-lived assets.

Apply Tafts materiality tests to identify the countries which are 10 percent or more of consolidated sales or consolidated long-lived assets to be reported separately.