CCR my work 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 Total $ 93e, eee 474.eee 456,000 Home Nursing $ 266, Bee 110,000 156, eee Meals On Wheels $ 485, eee 287, e80 198,000 House- keeping $ 259,000 157.000 182, eee Revenues Variable expenses Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators salaries General administrative overhead Total fixed expenses Net operating income (loss) 69,600 43,560 115,700 186,eee 414, Bee $ 41,200 8,300 20,200 40,900 53,200 122,600 $ 33,4ee 40,900 7,700 38,500 81,000 168, 100 $ 29,900 20,400 15,608 36,300 51,800 124,100 $ (22,180 "Allocated on the basis of program revenues The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's net operating income of $41.200 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 Check my work "Allocated on the basis of program revenues The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's net operating income of $41.200 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? Req 1A Reg 1B Req 2A Req 2B What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Complete this question by entering your answers in the tabs below. Reg 1A Req 1B Req 2A Reg 28 Based on the financial advantage (disadvantage of discontinuing the Housekeeping program calculated in requirement Req 1A, should the Housekeeping program be discontinued? OYes No Reg 1A Reg 1B Req 2A Reg 28 Prepare a properly formatted segmented income statement. Total Home Nursing Meals On Wheels House- keeping Revenues Variable expenses Contribution margin Traceable fixed expenses: Depreciation Liability insurance Program administrators' salarios Total traceable fixed expenses Program segment margins General administrative overhead Net operating income (loss) Req 1A Req 1B Reg 2A Reg 2B Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Yes ONO