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The following financial information was summarized from the accounting records of Train Corporation for the...

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Accounting

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 $47,300 $31,900
Direct operating expenses 26,700 21,600
Sales 90,600 65,600
Interest expense $2,100
General overhead 19,800
Income tax 4,500

The gross profit for the Rails Division is

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