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 Revenues $ 920,000 $266,000 $401,000 $ 253,000 Variable expenses 472.000 116,000 203,000 153,000 Contribution margin 448,000 150,000 198,000 100,000 Fixed expenses: Depreciation 69,600 8,300 40,700 20,600 Liability insurance 43,800 20,700 7,600 15,500 Program administrators' salaries 114,600 40, 700 38,400 35,500 General administrative overheads 184,000 53,200 80,200 50,600 Total fixed expenses 412,000 122,900 166,900 122,200 Net operating income (loss) $ 36,000 $ 27,100 $ 31,100 $(22,200) "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 $36,000 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. 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