Nora was hired as the Chief Executive Officer (CEO) of Gamma Corporation, a publicly-traded company in the energy sector, on January 1, 2022. For the fiscal year 2023, Gamma Corporation compensated Nora as follows:

• Base Salary: $2,000,000
• Performance Bonus: $400,000
• Stock Grants: Received 10,000 shares of restricted stock with a fair market value of $80 per share at the time of grant.

Nora's employment agreement stipulates that her bonus is contingent upon achieving specific company-wide performance objectives. The restricted stock vests over a four-year period, with 25% vesting annually beginning on the grant date.

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