1 Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own homes within the Jackson County area. Three services are provided for seniors--home nursing, Meals On Wheels, and housekeeping Data on revenue and expenses for the past year follow 1 points Total #931,000 497,000 454 000 Home Nursing $ 270,000 110.000 15 000 Heals on Wheels #406.000 205,000 2017.000 House- keeping 255.00 13,000 102,000 Revenge Vale a pena Contration margin Fixed up Depreciation Llability insurance Progettatore salaris Generalitative oven Total fixed expenses Het operating in lo 6.100 43.900 116.900 1,200 43,00 40.200 8.60 20.300 40,300 14.000 12,200 40, 500 7.200 31.400 1200 16100 33.700 20.600 13.500 16,200 31 000 1200 121,100) "Allocated on the basis of program revertues The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's net operating income of $40,200 to be unsatisfactory, therefore, she is considering the possibility of discontinuing the housekeeping program The depreciation in housekeeping is for a small van that is used to carry the housekeepers and their equipment from job to job. If the program were discontinued, the van would be donated to a charitable organization. None of the gened administrative overhead would be avoided if the housekeeping program were dropped, but the ability insurance and the salary of the program administrator would be avoided Required: 1-a. What is the financial advantage (disadvantage of discontinuing the Housekeeping program? 1-b. Based on the financial advantage (disadvantage of discontinuing the Housekeeping program calculated in requirement Reg 1A should the Housekeeping program be discontinued? 2. Prepare a properly formatted segmented income statement 2. Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services