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Exercise 11-2 (Algorithmic) (LO. 2) Mio was transferred from New York to Germany. He lived...

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Accounting

Exercise 11-2 (Algorithmic) (LO. 2)

Mio was transferred from New York to Germany. He lived and worked in Germany for 358 days in 2019. Mio's salary for 2019 is $235,200.

Assume a 365-day year. In your computation, round any division to four decimal places before converting to a percentage. For example, 0.473938 would be rounded to 0.4739. If required, round your final answer to the nearest dollar.

What is Mios foreign earned income exclusion? $

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