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 $926,000 $ 267,000 $ 402,000 $ 257,000 481,000 120,000 203,000 158,000 445,000 142,000 199,000 99,000 Revenues Variable expenses Contribution margin Tixed expenses Depreciation Liability insurance Program administrators salaries General administrative overhead Total fixed expenses Net operating income (loss) 69,000 8.400 40,400 20,200 42.900 20,200 7,300 15,400 114,700 40,200 39,000 35,500 185,200 $3,400 80,400 51,400 411,800 122,200 167,200 122,500 $ 33,200 $ 24,800 $ 31,900 $(23,500) "Allocated on the basis of program revenues. The head administrator of Jackson County Senior Services, Judith Miyamo, considers last year's net operating income of $33,200 to be unsatisfactory, therefore, she is considering the possibility of discontinuing the housekeeping program The depreciation in housekeeping is for a small von 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.b. 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? by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B What is the financial advantage (disadvantage) of discontinuing the Housekeepir RAJA Req 1B Book Req 1A Req 1B Req 2A Req 2B Prepare a properly formatted segmented income statement. Total Home Nursing Meals On Wheels House- keeping + 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)