Daniel joined Zeta Corporation, a publicly-traded company in the telecommunications sector, as the new Chief Executive Officer (CEO) on January 1, 2022. For the fiscal year 2023, Zeta Corporation compensated Daniel as follows:

• Base Salary: $2,000,000
• Performance Bonus: $500,000
• Stock Grants: Received 10,000 shares of restricted stock with a fair market value of $75 per share at the time of grant.

Daniel's employment agreement outlines that his bonus is based on achieving predetermined company performance metrics. The restricted stock vests over a three-year period, with one-third vesting annually beginning on the grant date.

Calculate the deductible portion of Daniel's compensation on Zeta Corporation's 2023 corporate income tax return.