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Review the case of Shine Corporation: Executive Name : Oliver Position : Chief Executive Officer (CEO) Company Type : Privately-owned company in the energy sector

Review the case of Shine Corporation:

Executive Name: Oliver
Position: Chief Executive Officer (CEO)
Company Type: Privately-owned company in the energy sector
Effective Date: February 1, 2022

Oliver's compensation for 2023 is detailed as follows:

Base Salary: $2,600,000
Performance Bonus: $500,000
Stock Grants: 15,000

Calculate the deductible portion of Oliver's compensation on Shine Corporation's 2023 corporate income tax return.

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