Your client Zenith a C corporation involved the retail trade business has submitted to you the following selected financial data from the tax year 2017: . Gross receipts 25,800,000 21,300,000 120,000 40,000 850,000 575,000 1,500,000 84,000 Cost of goods sold Dividends received (less than 20%-owned) . Interest Income e Interest Expense . Depreciation . Other Operating Expenses Dividends received deduction Zenith has heard that the TCJA of 2017 will produce significant cuts in a corporation tax liability for 2018. Zenith is planning to expand its operations and want to know how much additional in house positive cash flow will be available (as of TCJA) to reduce outside financing of the this expansion Zenith wants you to compare 2017 to 2018 assuming that 2018 financial results are the same as above. Prepare a memo to the file using the attached format to summarize what your response to Zenith will be