Setting:
86:80, all needles and pushers front and back, back pushers one up one down
Deco center placed under needle 3 to the left.
3 needles left and right in background color as borders, place isolation pins accordingly.
Start with full needle rib cast on tubular, then 4 RC N/N
Punchcard, Deco on 4, SS 4, AX both arrows / BX arrow to the left.

86:80 is necessary to get the Deco working which needs a bit of space between itself and the first knitting needle..

Made two of those with inverted colors, each three times the complete punchcard (72 x 4 rows = 288 RZ, and this by three)
The two blankets became a poncho later:
https://www.ravelry.com/projects/mfischer/patchwork-poncho