Question 5 (Chapter 6) (a) Pamela is the CEO of the Party Planning Corporation, a publicly traded corporation. She began working for them in 2023 . That year, under the employment contract, the corporation paid her $1,250,000 in salary, $850,000 as a contribution on her behalf to the corporation's 401(k) plan, and $900,000 from a "performance-based compensation" plan. How much of Pamela's total compensation package may the corporation deduct as a compensation expense? (b) What if, instead, Pamela began working for the corporation in 2016 and her employment contract has not changed since then? How much of Pamela's total 2023 compensation package may the corporation deduct as a compensation expense? Question 6 (Chapter 7) In 2007 Mary purchased 100 shares of $1244 stock for $330,000. In 2023 Joseph offers to buy the stock from Mary for $120,000. In 2023 Mary has $22,000 of long-term capital gain and ordinary income of $80,000. What is Mary's AGI for 2023 if she sells the shares to Joseph