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Damon is a U.S. shoe manufacturer. Its domestic production income is $1,200,000 and U.S. W-2 wages are $600,000. Taxable income before the domestic production deduction

Damon is a U.S. shoe manufacturer. Its domestic production income is $1,200,000 and U.S. W-2 wages are $600,000. Taxable income before the domestic production deduction is $700,000. What is the amount of the production activities deduction?

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