Liwel is the CEO of Krylon Corporation, a private, non-publicly traded, calendar year corporation Liwel was hired by Krylon Corporation on 1/1/2019. For the 2020 tax year, Honora's compensation package consisted of Cash compensation $1,500,000 Bonus tied to company performance for 2020 700,000 Bonus tied to company performance for 100,000 2019 All of the above amounts are fully taxable to Llwel and are ordinary, necessary and reasonable in amount. How much can Krylon Corporation deduct on its 1120 corporate tax return for 2020 for its compensation payments to Uwel? 30/None $100,000 $1,000,000 $2,300,000 None of the other answers are correct