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 Total $ 921,00 476,00 445,000 Meals on Home Nursing wheels $ 264,000 $ 402,000 112,000 210,000 152,000 192,000 House keeping $ 255, eae 154.ee 101,600 Revenues Variable expenses Contribution margin Fixed expenses Depreciation Liability insurance Program administrators! salaries General administrative overhead Total fixed expenses Net operating Incone (ons) 69,300 43,500 115,000 184,200 412,000 $ 33,000 9.000 20,400 40,500 52,800 122.700 $ 29,300 40,100 7,500 38,600 80,400 166.600 $ 25,400 20,200 15,600 35,900 51,820 122,700 $ 21,700) "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 $33,000 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 at the housekeeping program were dropped, but the ability 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, 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