1- What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure? (Enter your answer in dollars but not in thousands.)

2- What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer? (Enter your answer in dollars but not in thousands.)

3. If each of these six segments has a profit or loss (in thousands) as follows, which warrants separate disclosure?

(Select all that apply.)

• Red

• Blue

• Green

• Pink

• Black

• White

Required Information [The following information applies to the questions displayed below.] Following is financial Information describing the six operating segments that make up Fairfield, Inc. (In thousands): Sales to outside parties Intersegment revenues Salary expense Rent expense Interest expense Income tax expense (savings) Red $1,835 48 638 163 89 165 Blue $836 115 403 190 83 111 Segments Green $ 538 133 426 185 186 85 Pink $333 8 336 116 73 (110) Black $ 145 40 341 66 38 (88) White $ 123 326 86 55 29 8 Consider the following questions Independently. None of the six segments has a primarily financial nature. Red Blue Green Pink Black White $1,098 473 164 (118) (246) 332