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: Revenues Variable expenses Contribution sargin Fixed expenses Depreciation Liability insurance Program administrators salaries General administrative overhead Total fixed expenses Net operating income Closs) Home Meals On House- Total Nursing Wheels keeping $932,000 $268,080 5 407,000 5 257.000 472.000 115 000 203,000 154,600 460,000 153,000 204,000 183,000 69,500 8,600 40,800 20,100 44,500 20,900 7,700 15,900 116,100 40, 700 38,900 36,500 186,400 53,600 81,400 51,400 416 500 123,800 168.800 123,900 $ 43,500 $ 29,200 5 35,200 $(20,900) "Allocated on the basis of program revenues The head administrator of Jackson County Senior Services, Judith Miyamo, considers lost year's net operating income of $43,500 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 von would be donated to a charitable organization None of the general administrative overhead would be avoided in the housekeeping program were dropped, but the oblity insurance and the salary of the program administrator would be avoided. Required: La What is the financial advantage (disadvantage of discontinuing the Housekeeping program? 1-5. Should the Housekeeping program be discontinued? 2-a. Prepare a properly formatted segmented Income statement 2-6. 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