Required information [The following information applies to the questions displayed below.] Fred currently earns $9,400 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 $10,400 per month if he accepts the assignment. Assume that the maximum foreign-earned income exclusion for next year is $108,700. a-2. If Fred's employer also provides him free housing abroad (cost of $20,400), how much of the $20,400 is excludable from Fred's income? Amount to be excluded