25 Required information The following information applies to the questions dipleyed below Part 1 of 1 of Fred currertly eans $10,400 per month. Fred has been offlered the chance to transfer for three to five years to an overseas afflate His employer is wiling to pay Fred $11,400 per month if he accepts the assignment. Assume thet the maximum foreign-eamed income exclusion for next year ls $040 1 How much U.S gross income will Fred repont ithe accepts the ssignment atroad on Jenusry 1 of nest year and works oversess for the entire year? Prev 2526 27-29.32 Ei 7