Fred currently earns $$9\mathrm{.}600$ per month. Fred has been offered the chance to transfer for three to five years to an overseas affiliate. His employer is willing to pay Fred $$12\mathrm{.}600$ per month if he accepts the assignment. Assume that the maximum foreign$-$eemed income exclusion for next year is $$126,500$

Problem $5-62$ Part c$-1($Algo$)$

c$-1.$ Suppose that Fred's employer offers Fred a permanent overseas assignment beginning on March $1$ of next year. How much US 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: Round your intermediate calculations and final answer to the nearest whole dollar amount.