5 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 Meals 03:25:25 House- keeping $918,000 $265,000 $402,000 251,000 473,000 119,000 200,000 154,000 97,000 Home On Total Nursing Wheels Revenues Variable expenses Contribution margin Fixed expenses: eBook 445,000 146,000 202,000 Depreciation 68,900 43,700 20,100 8,200 40,400 20,300 16,000 Liability insurance 7,600 116,600 40,800 39,000 General administrative 183,600 53,000 80,400 Program administrators" 36,800 salaries 50,200 412,800 122,100 167,400 123,300 overhead* Total fixed expenses Net operating income 32,200 $ 23,900$ 34,600 (26,300) (loss) Allocated on the basis of program revenues. The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's net operating income of $32,200 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 general administrative overhead would be avoided if the housekeeping program were dropped, but the liability 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. Should the Housekeeping program be discontinued? 2-a. Prepare a properly formatted segmented income statement. 2-b. Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Complete this question by entering your answers in the tabs below Req 1AReq 1BReq 2AReq 2B Prepare a properly formatted segmented income statement ome Meals On House- Nursin Total Wheels keepin Revenues Variable expenses Contribution margin Traceable fixed expenses Depreciation Liability insurance Program administrators salaries Total traceable fixed expenses Program segment margins General administrative overhead Net operating income OsS