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Business, 29.06.2021 22:40 ashleyuchiha123

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 Locomotive Division Corporate Total Cost of goods sold $46,100 $29,000 Direct operating expenses 27,200 20,600 Sales 94,500 67,500 Interest expense $2,200 General overhead 19,400 Income tax 4,200 The net income for Train Corporation is:. a. $13,300
b. $86,900
c. $70,900
d. $39,100

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