$1$

Required information

Problem $12-23($LO $12-1)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

North Incorporated is a calendar$-$year C corporation, accrual$-$basis taxpayer. At the end of year $1,$ North accrued and deducted the following bonuses for certain employees for financial accounting purposes.

$$11,600$ for Lisa Tanaka, a $35$ percent shareholder.

$$15,100$ for Jared Zabaski, a $20$ percent shareholder.

$$15,800$ for Helen Talanian, a $15$ percent shareholder.

$$5,100$ for Steve Nielson, a $5$ percent shareholder.

Unless stated otherwise, assume these shareholders are unrelated.

How much of the accrued bonuses can North Incorporated deduct in year $1$ under the following alternative scenarios?

Note: Leave no answer blank. Enter zero if applicable. Input all amounts as positive values.

Problem $12-23$ Part d $($Algo$)$

d$.$ North paid the bonuses to employees on March $1$ of year $2$ and Lisa and Helen are related to each other, so they are treated as owning each other's stock in North.