The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31 Rails Locomotive Corporate Total Division Division $46,700 27,700 96,700 Cost of goods sold Direct operating expenses Sales Interest expense General overhead Income tax The net income for Train Corporation is $29,000 20,700 68,600 $2,700 19,700 4,200 $14,600 $89,600 $72,800 $41,200