Fred currently earns $9,300 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 $12,300 per month if he accepts the assignment. Assume that the maximum foreign-earned income exclusion for next year is $120,000. 2. If Fred's employer also provides him free housing abroad (cost of $20,150 next year), how much of the $20,150 is excludable fror ed's income? Assume that Fred will be abroad for 305 days out of 365 days next year. Fred currently earns $9,300 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 $12,300 per month if he accepts the assignment. Assume that the maximum foreign-earned income exclusion for next year is $120,000. 2. If Fred's employer also provides him free housing abroad (cost of $20,150 next year), how much of the $20,150 is excludable fror ed's income? Assume that Fred will be abroad for 305 days out of 365 days next year