2) FTA, Inc. reports the following results for the current year: Gross profits on sales Dividends from less than 20%-owned corporations Operating expenses $660,000 300,000 650,000 a) What is FTA, Inc.'s taxable income for the current year? b) How would your answer to Part (a) change if FTA's operating expenses are instead $700,000 c) How would your answer to Part (a) change if FTA's operating expenses are instead $760,000