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Fred currently earns $10,900 per month. Fred has been offered the chance to transfer for three to five years to an overseas affilate. Fis employer

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Fred currently earns $10,900 per month. Fred has been offered the chance to transfer for three to five years to an overseas affilate. Fis employer is willing to pay Fred $11,900 per month if he accepts the assignment. Assume that the maximum foreign earned income Exdusion for next year is $112000 Requlred: -1. How much US. gross income will Fred report if he accepts the assignment abroad on January 1 of next year and works overseas for the entire year? -2. it Freds employer atso provides him free housing abroad (cost of $21,900), how much of the $21,900 is excludable from Fred's ncome? p. Suppose that Fred's employer has offered Fred a sax-month overseas assignment beginning on January 1 of next year. How much 15. gross income will Fred report next year if he accepts the six-month assignment abroad and returns home on July 1 of next yeor? -1. Suppose that Freds employer offers Fred a permanent overseas assignment beginning on March 1 of next yeac. How much U.S pross income will Fred report next year if he accepts the permanent assignment abrood? Assume that Fred will be abroad for 305 fays out of 365 days nex year. Note: Do not round Imtermedlete coleulations. Aound your final answer to the nearest whole doller amount. -2. If Freors employer also provides him free housing abroad (cost of $16.950 next yearn, how much of the $16,950 is excludable from Freds income? Assume that Fred will be abroed for 305 days out of 365 days next year. fote: Do not round Intermedlote coleulations, Round your finol answer to the nearest whole doller amount. Complete this question by entering your answers in the tabs below. If Fred s emplover also provides him fres housing abroad (cost of $21,900 ), how much of the $21,900 is excludable from Fied's income

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