Problem 12-24 (LO 12-1) (Algo)

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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.

• $70,000 for Ken.
• $52,500 for Jayne.
• $35,000 for Jill.
• $17,500 for Justin.

How much of the accrued bonuses can Jorgensen deduct in year 1 under the following alternative scenarios?(Leave no answer blank. Enter zero if applicable.)

a.Jorgensen paid the bonuses to the employees on March 1 of year 2.

b.Jorgensen paid the bonuses to the employees on April 1 of year 2.

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

d.Jorgensen paid the bonuses to employees on March 1 of year 2, and there is a requirement that the employee mustremain employed with Jorgensen on the payment date to receive the bonus; if not, the forfeited bonus is reallocated to the other employees.