Check 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 More Meals On House- Total Nursing Wheels keeping $933,000 $269,000 $406,000 $ 250,000 460,000 110,000 195,000 155,000 473,000 159,000 211,000 103,000 Revenues Variable expenses Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators' salaries General administrative overhead Total fixed expenses Net operating income (los) 70, 200 8,200 41,000 21,000 44,200 21,000 7,600 15,500 115,100 40.400 38,800 36,200 186,600 53,800 81,200 51,600 416,300 123, 100 163, 600 121,300 $ 56,700$ 35, 600 S 42,400 (21,300) "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 $56,700 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 1A Reg 1B Req 2A Req 23 What is the financial advantage (disadvantage of discontinuing the Housekeeping program? Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req 2A Req 28 Should the Housekeeping program be discontinued? Yes ONO Req 1A Reg 1B Req 2A Req 2B Prepare a properly formatted segmented income statement. Total Home Nursing Meals On Wheels House- keeping 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 (loss) Req IA Reg 1B Reg 2A Reg 28 Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Yes No