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 seniorshome nursing, Meals On Wheels, and housekeeping. Data on revenue and expenses for the past year follow: Total Home Nursing Meals On Wheels House-keeping Revenues $ 926,000 $ 265,000 $ 409,000 $ 252,000 Variable expenses 464,000 117,000 192,000 155,000 Contribution margin 462,000 148,000 217,000 97,000 Fixed expenses: Depreciation 69,400 8,200 40,700 20,500 Liability insurance 43,600 20,300 7,900 15,400 Program administrators salaries 115,600 40,200 38,400 37,000 General administrative overhead* 185,200 53,000 81,800 50,400 Total fixed expenses 413,800 121,700 168,800 123,300 Net operating income (loss) $ 48,200 $ 26,300 $ 48,200 $ (26,300) *Allocated on the basis of program revenues. The head administrator of Jackson County Senior Services, Judith Miyama, considers last years net operating income of $48,200 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. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req 1A, 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?

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