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: Meals On House- Total Home Nursing Wheels keeping Revenues $ 921,000 $ 264, 000 $ 406,000 $ 251,000 Variable expenses 467, 000 112,000 200 , 000 155 , 000 Contribution margin 454 , 000 152, 000 206,000 96 , 000 Fixed expenses : Depreciation 69, 600 8, 400 41, 000 20, 200 Liability insurance 44 ,000 20 , 900 7, 700 15 , 400 Program administrators' salaries 115 , 700 40 , 400 39 , 000 36, 300 General administrative overhead* 184,200 52 , 800 81, 200 50, 200 Total fixed expenses 413, 500 122, 500 168 , 900 122 , 100 Net operating income (loss) $ 40, 500 $ 29, 500 $ 37 , 100 $ (26, 100) *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 $40,500 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 arious services? Complete this question by entering your answers in the tabs below