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In 2 0 2 3 , Big Bucks, a publicly traded corporation, paid its CEO $ 1 , 2 0 0 , 0 0 0

In 2023, Big Bucks, a publicly traded corporation, paid its CEO $1,200,000 of base compensation for the year as well as $150,000 of compensation attributable to Big Buck's incentive bonus plan. What is Big Bucks after-tax cost of the CEO'S salary assuming a 21% marginal tax rate?

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