Jackson County Senior Services is a nonprofit organization devoted to providing essential services to senlors 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. Home Meals On House- Total Nursing Wheels keeping $ 935,200 $ 268,200 $ 409, eee $ 258, eee 479,000 115,000 206,000 158,000 456,000 153,00 203,000 100, eee Revenues Variable expenses Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators' salaries General administrative overhead Total fixed expenses Net operating income (loss) 70,200 8,900 43,300 20, 200 115, 4ee 40,1ee 187, eee 53,600 415,900 122,800 $ 40,100 $ 30,200 $ 40,500 2e, see 7,800 15, 3ee 38,600 36,700 81,800 51,600 168, 700 124,400 34,300 $(24,400) *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 $40,100 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? 1-6. Should the Housekeeping program be discontinued? 2-a. Prepare a properly formatted segmented Income statement. 2-6. 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. Reg 1A Reg 1B Reg 2A Req 28 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program?