The table below outlines the compensation for Xavier, who was appointed as the Chief Operating Officer (COO) of Delta Corporation, a publicly-traded company in the technology sector, effective January 1, 2022. Determine the deductible portion of Xavier's compensation on Delta Corporation's 2023 corporate income tax return.

Component	Amount ($)
Base Salary	1,200,000
Performance Bonus	180,000
Stock Options	6,000

Xavier's employment contract specifies that his bonus is contingent upon achieving specific operational efficiency goals. The stock options vest over a five-year period, with 20% vesting annually beginning on the grant date.