The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Rails Locomotive Corporate Division Division Total Cost of goods sold $45,300 $28,700 Direct operating expenses 27,800 20,900 Sales 97,200 65,700 Interest expense $2,700 General overhead 18,600 Income tax 4,500 The gross profit for the Rails Division is a. $69,400 b. $24,100 c. $51,900 d. $97,200