In Year $1,$ Beta Pty Ltd has $$600,000$ of assessable income and $$1,000,000$ of deductions. In Year $2,$ Beta has $$300,000$ of exempt income, $$200,000$ of assessable income and $$500,000$ of deductions. In Year $3,$ Beta has $$500,000$ of assessable income, $$200,000$ of exempt income and $$200,000$ of deductions. Advise Beta of its taxable income $($or loss$)$ in each year.