D 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 Home Meals on House Total Nursing Wheels keeping $932,00 S 269,000 $403,000 $ 260,000 466,000 112/NO 204,000 150,00 466,000 15200 199.000 110,000 Revenues Variable expenses Contribution margin Fixed expenses Depreciation Liability insurance Program administrators salaries General adedinistrative overhead Total fixed expenses Net operating income (los) 69,600 8,490 10,300 20,900 43,700 20,600 7.700 15,400 113.990 40,000 38,100 35,80 186,400 53,300 80,600 52, 413,600 122,800 266.780 124,100 $ 52,400 $ 34,200 $ 32,300 $(14,100) *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 $52,400 to be unsatisfactory, therefore, she is considering the possibility of discontinuing the housekeeping program The depreciation in housekeeping is for a small von that is used to carry the housekeepers and their equipment from job to job. If the program were discontinued, the van would be donated to a charitable organization. None of the general administrative overhead would be avoided of the housekeeping program were dropped, but the liability insurance and the salary of the program administrator would be avoided Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-6. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req 1A. should the Housekeeping program be discontinued? 2-0. Prepare a properly formatted segmented income statement 2.6. Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2A Reg 28 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Reg 18 > Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req 2A Req 2B Prepare a properly formatted segmented income statement. Total Home Nursing Meals On Wheels House- keeping 0 0 0 0 Revenues Variable expenses Contribution margin Traceable fixed expenses Depreciation Liability insurance Program administrators' salaries Total traceable fixed expenses Program segment margins General administrative overhead Net operating income (loss) 0 0 0 0 0$ 0 $ 0 $ 0