25. A CEO was paid $1.5 million as compensation in 2021 by ABC Corporation. ABC Corporation cannot justify to IRS why the CEO is entitled to $1.5 million compensation. The ABC Corporation and the CEO have these options in 2022:

a. ABC deducts $500,000 in its tax return and CEO will report $1.5 million as income

b. ABC deducts $1,000,000 in its tax return and CEO will report $1.5 million as income

c. ABC deducts $1,500,000 in its tax return and CEO will report $1.5 million as income

d. All of the above;

e. None of the above.