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Shannon is the CFO for Silver Penny Corporation, a privately held calendar year C-Corporation. Shannon's earnings for the 2019 year was $2,500,000 and she was

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Shannon is the CFO for Silver Penny Corporation, a privately held calendar year C-Corporation. Shannon's earnings for the 2019 year was $2,500,000 and she was the highest paid employee of Silver Penny. How much of Shannon's salary can be deducted on Silver Penny's corporation tax return for 2019? $2,500,000 $1,000,000 none $1,020,000

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