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 Division Corporate Total Cost of goods sold Direct operating expenses $46,500 27,200 98,000 Locomotive Division $31,300 22,900 70,000 Sales Interest expense General overhead Income tax $2,200 19,200 4,500 The gross profit for the Rails Division is Oa. $51,500 b. $70,800 c. $24,300 d. $98,000