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	$47,400	$30,800
Direct operating expenses	26,200	20,500
Sales	90,800	69,300
Interest expense			$2,300
General overhead			18,100
Income tax			4,000

The income from operations for the Locomotive Division is

$69,300

$48,800

$18,000

$38,500