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. Total $ 921,see 466, 455,80 Home Meals On House- Nursing Wheels keeping $ 266,000 $4e1,$254.800 111. eee203.ece 152.ee 155,600 198,eee 1e2.800 Revenues Variable expenses Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators! salaries General administrative overhead Total fixed expenses Net operating income (loss) 68.880 8.400 40,380 20,109 43,800 20.900 7.889 15.108 116.289 49.909 3 8.490 36.900 194.2e853.2008 , 200 58,888 413.eee 123.40 166,7ee 122.968 42,eee $ 31,600 $ 31,300 $(20,980) $ "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 $42,000 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 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-b. 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? Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req ZA Reg ze What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? CF A Req 1B > Complete this question by entering your answers in the tabs below. Reg 1A Reg za Ruq 10 Reg 13 Req 2A Reg 2A R eg 28 Rey 2B Prepare a properly formatted segmented income statement. Total Home Nursing Meals On Wheels House keeping 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)