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Required information [The following information applies to the questions displayed below.) Fred currently ears $9,600 per month. Fred has been offered the chance to transfer

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Required information [The following information applies to the questions displayed below.) Fred currently ears $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, b. Suppose that Fred's employer has offered Fred a six month overseas assignment beginning on January 1 of next year. How much U.S. gross income will Fred report next year if he accepts the six-month assignment abroad and returns home on July 1 of next year

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