Ella was hired as the Chief Operating Officer (COO) of Zeta Corporation, a privately-owned company in the technology sector, effective January 1, 2022. Throughout the fiscal year 2023, Zeta Corporation compensated Ella as follows:

• Base Salary: $1,000,000
• Performance Bonus: $150,000
• Stock Options: Granted 5,000 stock options with an exercise price of $55 per share at the time of grant.

Ella's employment contract stipulates that her bonus is contingent upon achieving specific operational efficiency goals. The stock options vest over a five-year period, with 20% vesting annually beginning on the grant date.

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