The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Rails Locomotive Corporate Division Division Total Cost of goods sold $47,600 $29,400 Direct operating expenses 27,300 22,500 Sales 95,500 67,300 Interest expense $2,400 General overhead 18,100 Income tax 4,100 The income from operations for the Rails Division is $20,600 $ 47,900 $68,200 $95,500