Evelyn was appointed as the Chief Operating Officer (COO) of Zeta Corporation, a privately-owned firm in the technology sector, starting January 1, 2022. Throughout the fiscal year 2023, Zeta Corporation compensated Evelyn with the following:

• 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 issuance.

Evelyn's employment agreement specifies that her bonus is contingent upon achieving specific operational efficiency goals. The stock options vest over a five-year period, with 20% vesting annually starting from the grant date.

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