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: Bone Neal 929,000 270,000 407,000 252,000 469,000 111,000 200,000158,000 Variable expenses Contribution margin Fixed expenses r 60,000 159,000 207,000 94,000 Depreelation 70,200 8,700 40,900 20,600 43,300 20,500 7,400 15,400 115, 100 40,200 38,90036,000 185,800 54,00081,40050,400 414,400 123,400 168,600 122,400 45 600 35,600 3,400 $(28,400) Liability insurance Program administrators salaries General administrative overhead Total fixed expenses Net operating income (losa) Allocated on the basis of program revenues The head administrator of Jackson County Senior Services, Judith Myama considers last year's net operating income of $45,600 to be unsatisfactory; therefore, she is considering the possibility of discontinuing the housekeeping program The depreciation in housekeeping is for a small van that s used to carry the housekeepers and their equipment from job to job. iIf 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 liabilty insurance and the salary of the program administrator would be avoided. Required: 1-a. What is the financial advantage (d sadvantage) of discontinuing the Housekeeping program? 1-b. Should the Housekeeping program be discontinued? 2-6. 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