The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Corporate Total Rails Division $46,900 27,600 96,700 Locomotive Division $30,600 22,000 67,800 Cost of goods sold Direct operating expenses Sales Interest expense General overhead Income tax $2,400 18,600 4,100 The income from operations for the Rails Division is a. $69,100 b. $49,800 c. $96,700 d. $22,200