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 $ 923,000 482,000 441,000 Home Nursing $ 267,000 116,000 151,000 Meals On House- Wheels keeping $ 401,000 $ 255,000 207.000 159.000 194,000 96,000 Revenues Variable expenses Contribution margin Fixed expensesi Depreciation Thiability insurance Program administrators' salaries General administrative overhead Total fixed expenses Net operating income (loss) 69,800 9.000 40,100 43,900 21,000 7,700 15,200 113.600 40.100.38.200 35.300 184,600 53,400 80,200 51,000 411,900 123,500 166,200 122,200 $ 29,100 $ 27,500 $ 27,000 $(26,200) "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 $29,100 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? Complete this question by entering your answers in the tabs below