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 kooping Revenues $ 923,000 $ 264,000 $ 408,000 $ 251,000 Variable expenses 465,000 120,000 191,000 154.000 Contribution margin 458,000 144,000 217.000 97.000 Fixed expenses Depreciation 70,600 8.900 40.800 20,900 Liability insurance 44,200 20,900 7,700 15,600 Program administrators' salaries 115,700 40,700 38,900 36,100 General administrative overhead 184.600 52 800 81,600 50 200 Total fixed expenses 415 100 123,300 169,000 122 800 Net operating income (los) $ 42,900 $ 20,700 S 48,000 S (25.800) "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 $42,900 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 various services ? Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 2A Req 2B What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? ( Req1A Req 18