ackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own nomes 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 $922.000 464,000 450,000 Home Nursing 1 264,000 115,000 149,000 Meals On Wheels $ 400,000 199,000 201,000 House keeping $ 258,000 150.000 100.000 Revenues Variable expenses Contribution margin Fixed expenses Depreciation Liability insurance Program administrators' salaries General administrative overhead Total fixed expenses Net operating income (loss) 69,000 43,400 116,500 184,400 413300 $ 44,700 8,500 20,400 40,900 52,800 122,600 $ 26,400 40,100 7,100 38,800 80.000 166,000 $ 35,000 20,400 15,900 36,500 51,600 124,700 $ (16,700) "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 $44.700 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? Complete this question by entering your answers in the tabs below. Req 1A Reg 16 Reg 2A Req 28 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? LUNUWE Req 1A Reg 18 Reg 2A Req 25 Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Red 1A, should the Housekeeping program be discontinued? Ores ONO Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 2A Reg 2B 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' salaries Total traceable fixed expenses Program segment margins General administrative overhead Net operating income (loss) ( Req 1B Reg 2B Reg 1A Req 18 Red 2A Req 2B Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Ores ONO