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	$ 47,200		$30,720
Direct operating expenses	27,200		20,040
Sales	108,000		78,000
Interest expense					$ 2,040
General overhead					18,160
Income tax					4,700

The net income for Train Corporation is

a.$35,940

b.$83,180

c.$60,840

d.$48,390