This question was answered but I can't read the handwriting it was answered in, was hoping I could get a readable version of the answer.

Q 5-16: How did the TCJA alter the relative preferences in terms of organizational form? Illustrate this using a simple example where a business has pretax taxable income of $100 and operates:

A. A c corporation subject to a 21% tax rate, that pays out all after-tax earnings as dividends, and in which the shareholders are all taxable at 20% on qualified dividends and 37% on ordinary income.

B. A pass-through that does not quality for the QBI deduction.

C. A pass-through that does qualify for the QBI deduction.