Egan Company, a Publicly-Traded Company, Divides Its Operations into Several

Essay

Egan Company, a publicly-traded company, divides its operations into several operating segments.Determine which of the following segments are reportable and reconcile the reportable segments to the consolidated revenues and profits.
$\begin{array}{lrrrr}&\text { External } & \text { Intersegment } & \\&\text { Revenues } & \text { Revenues } & \text { Expenses } & \text { Assets }\\\text { Travel agency } & \$ 621,000 & \$ 700,000 & \$ 1,597,000 & \$ 1,540,000 \\\text { Hotels } & 4,543,000 & 644,000 & 2,315,000 & 7,787,000 \\\text { Amusement parks } & 2,400,000 & 220,000 & 1,570,000 & 1,940,000 \\\text { Theater } & 2,180,000 & 116,000 & 2,640,000 & 1,441,000 \\\text { Pro soccer team } & 700,000 & - & 898,000 & 1,340,000 \\\text { Corporate-level items } & 100,000 & - & 250,000 & 200,000 \\\text { Total } & \$ 10,544,000 & \$ 1,680,000 & \$ 9,270,000 & \$ \underline{14,248,000}\end{array}$