Larry negotiates a $2.5 million contract with Red,Inc. ,a publicly-held corporation that receives TARP funds,to become their CEO for 2014.What amount is deductible by Red,Inc. ,in 2014?
A) $0
B) $1,000,000
C) $2,064,000
D) $2,500,000
E) None of these
Correct Answer:
Verified
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