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 $46,000 $29,300 Direct operating expenses 27,600 21,700 Sales 94,900 67,900 Interest expense $2,900 General overhead 18,200 Income tax 4,300 The income from operations for the Rails Division is

a.$94,900

b.$21,300

c.$67,300

d.$48,900