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Fred currently eams $11,700 per month. Fred has been offered the chance to transfer for three to five years to an overseas affiliate. His employer

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Fred currently eams $11,700 per month. Fred has been offered the chance to transfer for three to five years to an overseas affiliate. His employer is willing to pay Fred $12,900 per month if he accepts the assignment Assume that the maximum foreign-eamed income exclusion for next year is $102,100. (Use 365 days in a year. Round your intermediate and final answer to the nearest whole dollar amount) c-1. Suppose that Fred's employer offers Fred a permanent overseas assignment beginning on March 1 of next year. How much U.S. gross income will Fred report next year if he accepts the permanent assignment abroad? Assume that Fred will be abroad for 305 days out of 365 days next year me reported $67,084 c-2. If Fred's employer also provides him free housing (cost of $15,450 next year), how much of the $15,450 is excludable from Fred's income? Amount to be excluded

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