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 seniorshome nursing, Meals On Wheels, and housekeeping. Data on revenue and expenses for the past year follow: Total Home Nursing Meals On Wheels House-keeping Revenues $ 916,000 $ 263,000 $ 401,000 $ 252,000 Variable expenses 463,000 113,000 196,000 154,000 Contribution margin 453,000 150,000 205,000 98,000 Fixed expenses: Depreciation 69,300 8,600 40,400 20,300 Liability insurance 43,700 20,300 7,900 15,500 Program administrators salaries 114,600 40,300 38,700 35,600 General administrative overhead* 183,200 52,600 80,200 50,400 Total fixed expenses 410,800 121,800 167,200 121,800 Net operating income (loss) $ 42,200 $ 28,200 $ 37,800 $ (23,800) *Allocated on the basis of program revenues. The head administrator of Jackson County Senior Services, Judith Miyama, considers last years net operating income of $42,200 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. 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