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: Home Meals On Douse- Total Nursing Wheels keeping $924, 000 $ 267,000 $ 404,000 $ 253,000 474,000 114,000 204,000 156,000 450,000 153,000 200,000 97,000 Print Revenues Variable expenses Contribution margirl Fixed expenses: Depreciation Liability insurance Program administrators' salaries General administrative overhead Total fixed expenses Net operating income (losa) 69,600 8,600 40,700 20,300 43,700 20,500 7.000 15.400 114.500 40,000 38,500 35.100 184,80053,400 80, 800 50, 600 412,600 123,300 167,900 121,400 $ 37,400 $ 29,700 $ 32,100 $(24,400) "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 $37,400 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