Theta Corporation reports the following results for the current year:View the results.Read the requirements.Requirement a$.$ What is Theta's taxable income for the current year? $($If an input field is not used in the table, leave the input field empty; do not enter a zero. Use parentheses or a minus sign for a net operating loss $($NOL$).)$Part aGross profit on salesDividendsGross incomeMinus: Operating expensesTaxable income before dividends$-$received deductionDividends$-$received deductionTaxable income $($NOL$-$XResultsGross profits on salesDividends from less$-$than$-20\%-$owned domestic corporationsOperating expensesS$220\mathrm{.}000100,000218,000$Requirements$*$ What is Theta's taxable income for the current year?$*$ How would your answer to Part a change if Theta's operating expenses are instead $$234,000?*$ How would your answer to Part a change if Theta's operating expenses are instead $$272,000?*$ How would your answers to Parts a$,$ b$,$ and c change if Theta received $$70,000$ of the dividends from a $20\%-$owned corporation and the remaining $$30,000$ from a less$-$than$-20\%-$owned corporation?