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: Hong Meals On House- Total Nursing Wheels keeping $922,000 $263,00 $ 407,000 $ 252, eee 470,000 110,000 203,000 157, eee 452,000 153,000 204,800 95,000 Revenues Variable expenses Contribution nargin Fixed expenses Depreciation Liability insurance Program administrators' salaries General administrative overheads Total fixed expenses Net operating income (loss) 70,000 8,600 40,700 20,7ee 44,100 21,800 7,300 15, see 115,200 40,900 38,100 36,200 184, 400 52,600 81,480 50,400 413,700 123, 100 167,500 123, 100 $ 38,300 $ 29,900 $ 36,500 $(28,180) *Allocated on the basis of program revenues. The head administrator of Jackson County Senior Services, Judith Miyame, considers last year's net operating income of $38,300 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. Regik Req 18 Reg 2A Reg 28 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Reg18 > Total Home Nursing Meals On Wheels House keeping Revenues Variable expenses Contribution margin Traceable fixed expenses: Depreciation Liability insurance Program administrators' salaries Total traceable fixed expenses Program segment margins General administrative overhead Net operating income (loss)