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	$47,600	$30,300
Direct operating expenses	27,200	22,300
Sales	92,700	68,300
Interest expense			$2,000
General overhead			18,900
Income tax			4,400

The income from operations for the Rails Division is

a.$45,100

b.$17,900

c.$92,700

d.$65,500