Question: Exercise 5 - 2 2 ( Algorithmic ) ( LO . 2 ) Mio was transferred from New York to Germany. He lived and worked

Exercise 5-22(Algorithmic)(LO.2) Mio was transferred from New York to Germany. He lived and worked in Germany for 345 days in 2024(a leap year) and can show that his tax home is now Germany. Mio's salary for 2024 is \(\$ 260,800\). Assume a 366-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 and converted to \(\mathbf{47.39\%}\). If required, round your final answer to the nearest dollar. What is Mio's foreign earned income exclusion? \(\$ \)
Exercise 5 - 2 2 ( Algorithmic ) ( LO . 2 ) Mio

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