ackson 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 Home Nursing Meals On Wheels House - keeping Revenues $ 929,000 $ 268,000 $ 408,000 $ 253,000 Variable expenses 481,000 115,000 209,000 157,000 Contribution margin 448,000 153, 000 199,000 96,000 Fixed expenses: Depreciation 69,000 8,300 40, 500 20, 200 Liability insurance. 43,200 20, 300 7,600 15,300 Program administrators' salaries 114,600 40, 700 38, 400 35, 500 General administrative overhead *185,800 53, 600 81, 600 50, 600 Total fixed expenses 412,600 122,900 168, 100 121,600 Net operating income (loss) $ 35, 400 $ 30,100 $ 30,900 $ (25, 600) * 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 $ 35, 400 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?