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: Revenues Variable expenses Contribution margin Fixed expenses! Depreciation Liability insurance Program administrators' salaries General administrative overhead Total fixed expenses Net operating income (loss) Home Meals On House- Total Nursing Wheels keeping $ 925,000 $ 269,000 $ 405,000 $ 251,000 478,000 116,000 209,000 153,000 447,000 153,000 196,000 98,000 69,500 8,900 40,300 20,300 43,400 20,200 7,600 15,600 114,900 40,600 38,100 36,200 185,000 53,800 81,000 50,200 412,800 123,500 167,000 122,300 $ 34,200 $ 29,500 $ 29,000 $(24,300) "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 $34,200 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 usedho 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. 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 2-6. 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 Req 1A Reg 1B Reg 2A Req 2B What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Reg 1A Req 1B >