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Acme, Inc. ( a domestic corporation ) generates income from the following sources: U . S . Net Income: $ 7 0 0 , 0

Acme, Inc. (a domestic corporation) generates income from the following sources:
U.S. Net Income: $700,000
Foreign Net Income from direct sales in foreign markets: $300,000
And, the company's adjusted basis of depreciable assets is $5,000,000.
What is Acme's FDII deduction?

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