Autoplus International is a publicly traded company that manufactures and distributes a number of products for use within the automobile industry. Major products are categorized as follows:
A. Automobile collision repair equipment
B. Automobile battery and starter parts
C. Automobile seating and safety belts
D. Automobile paints and trims parts
E. Automobile tire retreading equipment
F. Miscellaneous automobile products
The chief operating decision maker for the entity uses information organized by product groups for purposes of evaluating performance and allocating resources. Current-year intersegment transactions can be summarized as follows:

For the current year ended December 31, amounts allocated to the segments are as follows:

The products of the entity are sold throughout the world. The percentage of revenues from external customers (excluding corporate revenues) and long-lived assets (including corporate assets) traceable to various geographic areas are as follows:

Required
1. Determine which of the segments are considered to be reportable and whether the guidelines regarding the number of reportable segments have been satisfied.
2. Given the available information, prepare all of the necessary schedules and disclosures regarding the entity€™s segments, geographical areas, and reconciliations to consolidated amounts.

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Selling Segment Buying Segment Cost of Sales Selling Price Amount Included in Ending Inventory of Buying Segment Miscellaneous Products Battery and Starter Parts $2,540,000 $3,556,000 $420,000 Paint and Trim Parts Coln Repair Equipment 4,500,000 5,400,000 720,000 Seating and Safety Collision Repair Equipment 1,650,000 2,200,000 440,000 Revenues (Including Cost of Sales General and Administrative Expenses Total Assets Long-Lived Assets Intersegment Segment Activity) $24,840,000 $17,560,000 2,480,000 45,720,000 34,250,000 10,100,000 21,500,000 32,000,000 8,540,000 9,870,000 15,500,000 $90,840,000 $55,440,000 $17,850,000 $206,180,000 $131,760,000 4,250,000 7,560,000 25,500,000 18,650,000 3,100,000 4,320,000 0 6,470,000 1,120,000 14,780,000 1,840,000 37,500,000 4,570,000 47,800,000 980,000 13,950,000 2,130,000 16,570,000 4,730,000 29,860,000 13,850,000 4,780,000 8,650,000 Corporate 6,750,000 United United All Other Percentage of External sales traceable to States Kingdom aly Germany Mexico Foreign 51% 20% 10% 5% 9% 5% Long-lived assets traceable to: 54 21 4 10