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Fred currently earns $$9,000$ per month. Fred has been offered the chance to transfer for three to five years to an overseas affiliate. His employer is willing to pay Fred $$10,000$ per month if he accepts the assignment. Assume that the maximum foreign$-$earned income exclusion for next year is $$112,000.$

Required:

a$-1.$ How much U$.$S$.$ gross income will Fred report if he accepts the assignment abroad on January $1$ of next year and works overseas for the entire year?

a$-2.$ If Fred's employer also provides him free housing abroad $($cost of $$20,000),$ how much of the $$20,000$ is excludable from Fred's income?

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?

c$-1.$ Suppose that Fred's employer offers Fred a permanent overseas assignment beginning on March $1$ of next year. How much U$.$S$.$ gross income will Fred report next year if he accepts the permanent assignment abroad? 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.

c$-2.$ If Fred's employer also provides him free housing abroad $($cost of $$16,000$ next year$),$ how much of the $$16,000$ 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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