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Use this information for Train Corporation to answer the question that follow. The following financial information was summarized from the accounting records of Train Corporation

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Use this information for Train Corporation to answer the question that follow. The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Rails Locomotive Corporate Division Division Total Cost of goods sold $45,700 $31,800 Direct operating expenses 27,300 22,300 Sales 100,000 65,200 Interest expense $2,800 General overhead 18,100 Income tax 4,000 The income from operations for the Rails Division is a. $100,000 b. $72,700 c. $27,000 d. $54,300

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