The table below summarizes the compensation for Charlotte, who was appointed as the Chief Marketing Officer (CMO) of Nebula Corporation, a privately-held company in the consumer goods sector, effective July 1, 2022. Determine the deductible portion of Charlotte's compensation on Nebula Corporation's 2023 corporate income tax return.

Component	Amount ($)
Base Salary	1,100,000
Annual Bonus	160,000
Stock Options	7,000

Charlotte's employment contract specifies that her bonus is based on achieving specific marketing campaign success metrics. The stock options vest over a five-year period, with 20% vesting annually beginning on the grant date.