Express Corporation receives a $120,000 dividend from a corporation in which it owns 55% of the stock. Express's revenues (not including the dividends) and operating expenses for the year are $370,000 and $390,000, respectively. These are the only items of revenue and expense. Compute Express's taxable income. How, if at all, would your answer to Part a. change if Express owned 90% of the stock in the corporation? What would the taxable income be?