Question: Exercise 5-21 (Algorithmic) (LO. 2) Mio was transferred from New York to Germany. He lived and worked in Germany for 345 days in 2018. Mlo's

Exercise 5-21 (Algorithmic) (LO. 2) Mio was transferred from New York to Germany. He lived and worked in Germany for 345 days in 2018. Mlo's salary for 2018 Is $256,000 In your computation, round any division to four decimal places before converting to a percentage. For example, 473938 would be rounded to .4739. If required, round your final answer to the nearest dollar. Mio's foreign earned income exclusion is 98,206.85 | X . Feedback Check My Work The United States uses a global tax system as opposed to a territorial system. Under on his or her income regardless of its economic origin. this global system, a U.S. citizen is generally subject to tax

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