The TCJA calls for immediate expensing of certain qualified business assets rather than depreciating them over a longer time period. How will that affect $(1)$ a company$$s physical stock of assets, $(2)$ a firm$$s balance sheet account for fixed assets, $(3)$ a company$$s reported net income, and $(4)$ a company$$s cash position? In your responses, assume that the same depreciation method is used for stockholder reporting and for tax calculations and that the accounting change has no effect on assets$$ physical lives.