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 expenses Contribution margin Fixed expensest Depreciation Liability insurance. Program administrators' salaries General administrative overhead Total fixed expenses Net operating income (loss) "Allocated on the basis of program revenues. Total $ 926,000 472,000 Home Nursing $ 261,000 Meals On Wheels House- keeping $406,000 454,000 112,000 149,000 201,000 $ 259,000 159,000 205,000 100,000 70,300 8,800 40,800 20,700 43,600 20,300 8,000 15,300 114,900 40,600 38,600 35,700 185,200 52,200 414,000 121,900 1,200 168,600 51,800 123,500 $ 40,000 $ 27,100 $36,400 $ (23,500) The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's net operating income of $40,000 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. 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? Complete this question by entering your answers in the tabs below. Req 1A1 Req 18 Req 2A Req 28