The following financial Information was summarized from the accounting records of Train Corporation for the current year ended December 31: Corporate Total Rails Division Cost of goods sold $47,700 Direct operating expenses 26,600 Sales 96,800 Interest expense General overhead Income tax The income from operations for the Rails Division is Locomotive Division $28,000 22,200 66,200 $2,700 18,800 4,000 a. $49,100 Ob. $22,500 c. $70,200 d. $96,800 Show All