Wanda Is the Chief Executive Officer of Pink Corporation, a Publicly

Multiple Choice

Wanda is the Chief Executive Officer of Pink corporation, a publicly traded, calendar year corporation. For the current year, Wanda's compensation package consists of: Cash compensation $2.5 million
Nontaxable fringe benefits 250,000
Taxable fringe benefits 150,000
Bonus tied to company performance 2 million
How much of Wanda's compensation is deductible by Pink Corporation?

A) $1,000,000.
B) $1,250,000.
C) $3,250,000.
D) $4,900,000.
E) None of the above.