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 Whoplo koeping Revenues $932,000 $270,000 $410,000 5 252.000 Variable expenses 473,000 117 000 190.000 158,000 Contribution margin 159,900 15:1,000 212,000 94,000 Fixed expenses Depreciation 69,500 8,200 40, 300 21,000 Liability insurance 44,200 20, 700 8.000 15,500 Program administrators' salaries 114,000 40, 100 38.100 36,700 General administrative overhead 186, 400 50,000 82,000 50,400 Total fixed expenses 415,000 123,000 100, 400 123,600 Het operating income (105) 5.44.000 $ 30,000 $ 43,600 5(20.600) *Allocated on the basis of program revenues The head administrator of Jackson County Senior Services, Judith Miyama, considers lost year's net operating income of $44,000 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 Reg 1A, should the Housekeeping program be discontinued? Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-5. 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 2-6. Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services