The gross profit for the Rails Division is

Calculator The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Corporate Total Cost of goods sold Direct operating expenses Rails Division $17,900 26,100 90,500 Locomotive Division $29,100 22,200 68,100 Sales Interest expense General overhead $2.500 19.900 4.100 Income tax The gross profit for the Rails Division is a. $42,600 b. $64,400 c. $90,500 d. $16,500