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: Home Meals On House- Total Nursing Wheels keeping $ 927,000 $266,000 $ 406,000 $ 255,000 475,000 115,000 201,000 159,000 452,000 151,000 205,000 96,000 Revenuen Variable expenses Contribution margin Tixed expenses Depreciation Liability insurance Program administrators salaries General administrative overhead Total fixed expenses Bet operating income (loss) 68,900 8,400 40,300 20,200 43,200 20,300 7.800 15,100 114,300 40.700 38,100 35,5 do 185,400 53,200 B1,200 51,000 411,800 122,600 167,400 121,800 $ 40,200 $ 28,400 $ 37,600 $425, 800) "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 $40,200 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: 10. What is the financial advantage (disadvantage of discontinuing the Housekeeping program? 1-5. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req 1A, should the Housekeeping program be discontinued? 2-0. 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? Required: 1-a. Whats the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-6. 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 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? Complete this question by entering your answers in the tabs below. Reg 1B Reg 2 Reg 1 Reg 28 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req 2A Req 2B Prepare a properly formatted segmented income statement. Total Home Nursing Meals On Wheels House- keeping 0 0 0 0 Revenues Variable expenses Contribution margin Traceable fixed expenses: Depreciation Liability insurance Program administrators' salaries Total traceable fixed expenses Program segment margins General administrative overhead Net operating income (loss) 0 0 0 0 0 $ 0 $ 0 $ 0