The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Rails Division Corporate Total Cost of goods sold Direct operating expenses $45,500 27,800 96,000 Locomotive Division $29,500 23,000 67,900 Sales Interest expense General overhead $2,200 19,800 4,500 Income tax The income from operations for the Rails Division is a. $22,700 b. $50,500 c. $96,000 d. $68,200 The Bottlebrush Company has income from operations of $53,088, invested assets of $158,000, and sales of $379,200. Round answers to one decimal place. (a) Determine the profit margin. % (b) Determine investment turnover. (c) Use the DuPont formula to determined the rate of return on investment