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: Meals On House- Total Home Nursing wheels keeping Revenues $ 928,999 $ 262,999 $ 419,999 $ 256,999 Variable expenses 463,999 115,999 194,999 154,999 Contribution margin 465,999 147,999 216,999 192,999 Fixed expenses: Depreciation 69,399 8,999 49,299 29,299 Liability insurance 44,399 29,799 7,799 15,999 Program administrators\" salaries 115,999 49,799 38,799 35,699 General administrative overhead" 185,699 52,499 82,999 51,299 Total Fixed expenses 414,299 122,799 168,699 122,999 Net operating income (loss) 3 59,399 $ 24,399 $ 47,499 $ (29,999) '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 $50,800 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 fromjob tojob. lfthe program were discontinuedthe van would be donated to a charitable organization. None ofthe general administrative overhead would be avoided if the housekeeping program were dropped, but the liability insurance and the salary ofthe program administrator would be avoided. Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 'l-b. Based on the financial advantage (disadvantage) ofdiscontinuing 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 1A Req 1E5 Req 2A Req ZB