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- Total Nursing Wheels keeping $ 936,000 $ 270,000 $ 407,000 $ 259,000 467,000 112,000 201,000 154,000 469,000 158,000 206,000 105,000 Revenues Variable expenses Contribution margin Fixed expenses Depreciation Liability insurance Program administrators' salaries General administrative Overheads Total fixed expenses Net operating income (los) 70,000 8,800 40,700 20,500 43,900 20,600 7.900 15, 400 115,900 40,700 38,200 37,000 187,200 54,00081,40051,800 417,000 124, 100 .150.200 124,700 $ 52,000 $ 33,900 $ 37,800 $(19,700) "Allocated on the basis of program revenues. The head administrator of Jackson County Senio? Services, Judith Miyama, considers last year's net operating income of $52,000 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