Please help answer required questions 1-2

PROBLEM 7-19 Dropping or Retaining a Segment [LO 7-2] Jackson County Senior Services is a nonprofit organization devoted to providing essential ser- vices 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 House- Total Nursing Wheels keeping 490,000 120.,000210,00O Contribution margin... . Fixed expenses: 60,000 410.000 140,000 190,000 80,000 40,000 20,000 15,000 37,000 48,000 120,000 $ 5,000 20,000 25,000 $ (40,000) 68,000 42,000 115,000 180,000 8,000 20,000 40,000 52,000 7,000 38,000 80,000 Program administrators' salaries... General administrative overhead... Total fixed expenses . . Net operating income (loss) . .. Allocated on the basis of program revenues 405,000 120,000 165000