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- Nursing Wheels keeping $ 923,000 $ 269,000 $ 401,000 253,000 472,000 116,000 201,000 155,000 98,800 Home Total Revenues Variable expenses Contribution margin 451,000 153,0068 200,00e Fixed expenses: Depreciation Liability insurance Program administrators' salaries General administrative overhead* 20,300 15,400 35,900 50,600 122, 208 $. 37,600 29,300 $ 32,500 $(24,200) 69,400 44,100 115,300 184,680 413.400 8, 300 21,008 40,600 53,800 123,708 40,800 7,700 38,800 80,200 167,500 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 $37600 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