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	$47,000	$29,300
Direct operating expenses	26,200	20,700
Sales	98,500	65,700
Interest expense			$2,800
General overhead			18,500
Income tax			4,000

The net income for Train Corporation is

a.$76,000

b.$87,900

c.$15,700

d.$41,000