! Required information [The following information applies to the questions displayed below) Fred currently earns $9,600 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 $10,600 per month if he accepts the assignment. Assume that the maximum foreign-earned income exclusion for next year is $107,600. 3-2. If Fred's employer also provides him free housing abroad (cost of $20,600), how much of the $20,600 is excludable from Fred's income? Anot to be excluded