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: 10 points Meals On House Home Nursing Wheels $ 920,000 266,000 401,e0 800 195,880 Total keeping 253,000 150,000 103,000 Revenues Variable expenses 476,000 12,000 206, Contribution margin 444,000 146,800 Fixed expenses: eBook Depreciation Liability insurance Program administrators' salaries General administrative overhead 69.800 44,200 114,100 184,000 412.100 8,100 20,900 40,100 53,200 122.300 40,70 7,500 38,100 80,200 166,500 21,000 15,800 35,900 50,600 123,308 References Total fixed expenses Net operating income (loss) $ 31,90 23,700 $ 28,500 (20,300) 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 $31,900 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. 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 Req 1A Req 1B Req 2A Req 2B What is the financial advantage (disadvantage) of discontinuing the Housekeeping program