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 918.000 268.000 $400,000 250,000 478,000 119,000 208,000 151.000 440.000 149.000 192,000 99 000 Variable Pixed expenses Depreciation 69.800 8.900 40.300 20.600 Liability insurance 44,000 20.900 7,60 S 15,500 Program administrators salaries 183,600__ 53,600-. 80,000-50,000 Total fixed expenses 800 166 400 26,700 25,200 25,600 $(24,100) Net operating incone (loss) Allocated on the basis of program revenues The head administrator of Jackson County Senlor Services, Judith Miyama, considers last year's net operating income of $26,700 to be unsatisfactory, therefore, she is considering the possiblity of discontinuing the housekeeping program. The depreciationin housekeeping is for a small van that is used to carry the housekeepers and their equipment from job to job. If the progra m were discontinued, the van would be donated to a charitable organization, None of the general administrative overhead would be avolded if the housekeeping program were dropped, but the liability Insurance and the salary of the program administrator would be avoided 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-b. Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the varlous services?