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Required information Problem 5-62 (LO 5-3) (Algo) [The following information applies to the questions displayed below] Fred currently earns $9,200 per month. Fred has been

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Required information Problem 5-62 (LO 5-3) (Algo) [The following information applies to the questions displayed below] Fred currently earns $9,200 per month. Fred has been offered the chance to transfer for three to five years to an overseas affillate. His employer is willing to pay Fred $10,200 per month if he accepts the assignment. Assume that the maximum foreign-earned income exclusion for next year is $112,000 Problem 5.62 Part c-2 (Algo) c-2. If Fred's employer also provides him free housing abroad (cost of $16,100 next year), how much of the $16,100 is excludable from Fred's income? Assume that Fred will be abroad for 305 days out of 365 days next year. Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount

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