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 $929,000 $268,000 $ 409,000 $ 252,000 483,000 116,000 209,000 158,000 446,000 152,000 200,000 90,000 8,300 Revenues Variable expenses Contribution margin Fixed expenses Depreciation Liability insurance Program adninistrators' salaries General administrative overhead Total fixed expenses Net operating income (loss) 70,000 40,900 20,800 44,600 20,800 7.900 15,900 116,200 40,800 38,400 37,000 185,800 53,600 81,800 50,400 416.600 123,500 169,000 124,100 $ 29,400 $ 20,500 $ 31,000 $(30,100) "Allocated on the basis of program revenues. The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's operating income of $29.400 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 ability 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. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req 1A. 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