Cathedral City Services (CCS) is a not-for-profit organization offering two services in a mid-sized city. The services are "Elder Meals" and "Jobs4U." Elder Meals is a meals-on-wheels type program that delivers meals on a scheduled basis to seniors who are house- bound. Jobs4U is a jobs-training program focused on youth or adults who are looking to change careers. Participants in the program are sponsored by a local government agency, a charitable organization, or a local business. CCS charges a $260 fee per hour for each service. The revenues and costs for the year are shown in the following income statement: CATHEDRAL CITY SERVICES Income Statement Revenue Expenses: General office costs Travel and transportation Equipment lease and maintenance Operating profit Elder Meals $ 104,000 Jobs4U $ 260,000 The following data have been collected concerning activities at CCS: Cost Driver Number of clients Number of visits Computer hours Elder Meals Total $364,000 Activity Level 63,000 52,000 28,500 $ 220,500 112 566 224 Activity General office costs Travel and transportation Equipment lease and maintenance Required: a. Complete the income statement using activity-based costing and CCS's three cost drivers. b. Recompute the income statement using direct labor-hours as the only allocation base (400 hours for Elder Meals; 1,000 hours for Jobs4U). Jobs4U 68 84 916 Required A Required B Complete the income statement using activity-based costing and CCS's three cost drivers. Note: Do not round intermediate calculations. Account Revenue Expenses: General office costs Travel Equipment lease Operating profit Elder Meals $ 104,000 $ 260,000 $ Jobs4U $ Total 364,000 63,000 52,000 28,500 220,500 Required A Required B Recompute the income statement using direct labor-hours as the only allocation base (400 hours for Elder Meals; 1,000 hours for Jobs4U). Note: Do not round intermediate calculations and round your final answers to the nearest whole dollar. Account Revenue Expenses Profit Elder Meals $ 104,000 $ 260,000 $ Jobs4U $ Total 364,000 143,500 220,500