Larry negotiates a $2.5 million contract with Red,Inc.,a publicly-held corporation that receives TARP funds,to become their CEO for 2012.What amount is deductible by Red,Inc.in 2012?
A) $0.
B) $1,000,000.
C) $2,064,000.
D) $2,500,000.
E) None of the above.
Correct Answer:
Verified
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