The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Locomotive Division $28,200 Corporate Total Rails Division $46,500 26,200 94,200 Cost of goods sold Direct operating expenses Sales 20,800 69,800 Interest expense General overhead $3,000 18,200 4,500 Income tax The income from operations for the Rails Division is a. $21.500 b. 568,000 c. $94.200 d. 547.700