Requlred Information The following information applies to the questions displayed below. Fred currently earns $9,500 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 $10,500 per month if he accepts the assignment. Assume that the maximum forelgn-earned Income exclusion for next year is $104,100. a-2. If Fred's employer also provides him free housing abroad (cost of $20,500), how much of the $20,500 Is excludable from Fred's Income? Amount to be excluded