Ivory Corporation, a calendar year, accrual method C corporation, has two cash method, calendar year shareholders who are unrelated to each other.

Craig owns 35% of the stock, and Oscar owns the remaining 65%.

During the current year, Ivory paid a salary of $100,000 to each shareholder. On December 31, of the current year, Ivory accrued a bonus of $25,000 to each shareholder.

Assuming that the bonuses are paid to the shareholders on February 3, of the next year, compute Ivory Corporation's current year deduction for the above amounts.