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 Total Home Nursing Housekeeping Wheels fen 5.937,000 $ 205,000 $400,000 5.257,000 Variable expenses 471,000 112.000 202.000 152,00 Contribution martin 456,000 149,000 202.000 105.000 Fixed expenses: Depreciation 69,200 8,500 40,660 20,100 Liability Insurance 43,200 20,200 7,100 15,600 Program administrators salaries 115,200 10,000 38,600 36,200 General administrative overhead 185.400 53200 0,00 51,400 Total fixed expenses 413.000 122,100 367,600 123,00 Het operating income Class) $ 45,000 $ 26,700 $ 14,600 5 (18,300) Allocated on the basis of program revenues The head administrator of Jackson County Senior Services, Judith Miyamo, considers last year's net operating income of $43.000 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 tablity insurance and the salary of the program administrator would be avoided Required: 1 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 16 Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req 1A should the Housekeeping program be discontinued 2. Prepare a properly formatted segmented income statement 26 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. RGIA Red 15 Reg 2 Reg 20 What is the financial advantage (disadvantage of discontinuing the Housekeeping program? inicial de Req18 >