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: Meals On House- keeping $928,000 268,000 409,000 251,000 150,000 101,000 Home Total Nursing Wheels Revenues Variable expenses Contribution marqin Fixed expenses: 461,000 110,000 201,000 467,000 158,000 208, 000 Depreciation Liability insurance Program administrators' salaries General administrative overhead* 20,200 15,800 35,400 50,200 121,600 $ 54,100 34,900 39,800 (20,600) 69,600 44,100 113,600 185,600 40,500 7,900 38,000 81,800 412,900 123,100 168,200 8,900 20,400 40,200 53,600 Total fixed expenses Net operating income (loss) 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 $54,100 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