On December 31, 2021, Pony Corporation, an accrual method, calendar year taxpayer, accrued a performance bonus of $100,000 to Larry, a cash basis, calendar year taxpayer. Larry is president and sole shareholder of the corporation. When can Pony deduct the bonus? O In 2021, if the bonus was authorized by the Board of Directors and payment was made or before April 15, 2022. O In 2022, but only if payment was made on or before April 15, 2022. O In 2022, if payment was made at any time during that year. O In 2021, if payment was made on or before April 15, 2022. O No response is correct. Question 38 2.5 pts Which of the following court decisions carries more weight? Small Cases Division of U.S. Tax Court No response is correct O U.S. Tax Court decision Federal District Court O Second Circuit Court of Appeals