Jorgensen High Tech Inc. is a calendar-year, accrual-method taxpayer. At the end of year 1, Jorgensen accrued and deducted the following bonuses for certain employees for financial accounting purposes.

$40,000 for Ken.

$30,000 for Jayne.

$20,000 for Jill.

$10,000 for Justin.

How much of the accrued bonuses can Jorgensen deduct in year 1 under the following alternative scenario:

Jorgensen paid the bonuses to employees on March 1 of year 2, and there is a requirement that the employee remain employed with Jorgensen on the payment date to receive the bonus.