3 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 Hone Meals On House Total Nursing wheels keeping $.930,000 $ 209,00 $ 484,000 $ 257,880 460,000 112, cee 190,00 158,00 470,000 157.000 214,000 99,000 8.900 Revenues Variable expenses Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators salaries General administrative overhead Total fixed expenses Net operating income (los) Book 70, 380 10,500 20.900 43,200 20, 2ee 7,200 15,800 115,100 40,500 38,800 35,800 186,00 53,00 Ba, see 51,460 410600 121,400 167300 122,900 $ 55,400 5 73,500 46,700 $(24,900) "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 $55.400 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 Mobility Insurance and the salary of the program administrator would be avoided Required: 1. What is the financial advantage (eisadvantage of discontinuing the Housekeeping program? 1.b. 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 Vibility of the various services? Complete this question by entering your answers in the tabs below. **