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 Revenues Variable expen Contribution margin Fixed expen Depreciation Liability insurance Pregras administrators' salaries Ceneral administrative overhead Total fixed expe Net operating incoes (loss) "Allocated on the basis of program revenues. Total $924,000 $289,000 Mutwing eping 404,000 $251,000 478,000 446,000 325,000 249,000 204,00 200,000 97.000 69,500 ,200 40,705 20,600 20,400 15.100 115,100 41,000 39,000 35.100 53,000 50,200 413,700531,400 160,309 121,000 25.600 $31,700 (24,500 The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's net operating income of $33,300 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: 1a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 16. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req 1A should the Housekeeping program be discontinued? 2a. Prepare a property 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 24 Reg 28 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Financial (disadvantage 1,100 Rag 18 >