Examine the scenario of Luminary Corporation:

• Executive Name: Ava
• Position: Chief Technology Officer (CTO)
• Company Type: Privately-owned company in the telecommunications sector
• Effective Date: February 1, 2022

Ava's compensation for 2023 is presented as follows:

• Base Salary: $1,000,000
• Performance Bonus: $150,000
• Restricted Stock: 8,000

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