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 $930,000 $ 459,000 471,000 Home Nursing 266,000 $ 113,000 153,000 Meals On House- Wheels keeping 407,000 $ 257,000 192,000 154,000 215,000 103,000 Revenues Variable expenses Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators salaries General administrative overhead* Total fixed expenses Net operating income (loss) 69,600 44,600 116,000 8,300 21,000 40,900 40,600 7,800 38,400 20,700 15,800 36,700 186,000 416,200 $ 54,800 $ 53,200 123,400 29,600 $ 81,400 51,400 168,200 124,600 46,800 $(21,600) *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 $54,800 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