The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31:

	Rails Division	Locomotive Division	Corporate Total
Cost of goods sold	$45,700	$31,800
Direct operating expenses	26,600	22,300
Sales	97,200	69,900
Interest expense			$2,700
General overhead			19,000
Income tax			4,400

The net income for Train Corporation is

a. $73,800

b. $40,700

c. $14,600

d. $89,600