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Vera Is the CEO of Brunettes,a Publicly Held Corporation

Question 77

Multiple Choice

Vera is the CEO of Brunettes,a publicly held corporation.For the year,she receives a salary of $950,000,a bonus of $600,000,and contributions to her retirement plan of $35,000.The bonus was awarded at the December board meeting based on Vera's threat to accept a better paying job with a competitor.What amount may Brunettes deduct?


A) $950,000.
B) $985,000.
C) $1,550,000.
D) $1,585,000.
E) None of the above.

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