The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Locomotive Rails Corporate Division Division Total Cost of goods sold $46,800 $31,900 Direct operating expenses 26,800 21,800 Sales 99,700 69,600 Interest expense $2,300 General overhead 18,500 Income tax 4,200 The income from operations for the Locomotive Division is a. $37,700 b. $15,900 c. $47,800 d. $69,600