Fred currently earns $10,000 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 $11,000 per month if he accepts the assignment. Assume that the maximum foreign earned income exclusion for 2017 is $102,100. How much U.S. gross income will Fred report in 2017 if he accepts the assignment abroad on January 1, 2017 and works overseas for the entire year?

NOTE: the answer is NOT 29,900 or 17,900