QUESTION 10 1.0000 On accrued a performance bonus of $100,000 to Charles, a cash basis, calendar year taxpayer. Charles is president and sole shareholder of the corporation. When can Peregrine deduct the bonus? O a In 2017, if the bonus was authorized by the Board of Directors and payment was made on or 31, 2017, Peregrine Co an acc before April 15, 2018. O c In 2017, if payment was made on or before April 15, 2018 O d.In 2018, but only if payment was made on or before April 15. 2018 e None of the above QUESTION 11