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 On House- keeplng 938,000 $268,000 $ 410,000 260,000 153,000 107,000 Home Total Nursing Wheels Revenues Variable expenses Contribution margin Fixed expenses: 456,000 112,000 191,000 482,000 156,000 219,000 20,600 15,500 35,300 52,000 123,400 50,000 (16,400) Depreciation Liability insurance Program administrators' salaries General administrative overhead* 40,900 7,400 38,700 82,000 415,700 123,300 169, 000 69,700 43,800 114,600 187,600 8,200 20,900 40,600 53,600 Total fixed expenses $ 66,300 32,700 Net operating income (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 $66,300 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 Complete this question by entering your answers in the tabs below. Req 1A Req 1B What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? inancial (disadvantage) Req 2A Req 2B Req 1A Req 2A Req 2B Req 1B Prepare a properly formatted segmented income statement. Meals On Wheels House- keeping Total Home Nursing Revenues Variable expenses Contribution margin Traceable fixed expenses 0 0 Depreciation Liability insurance Program administrators' salaries Total traceable fixed expenses Program segment margins General administrative overhead Net operating income (loss) Req 1B Req 2B >