question: what is the amount to be excluded?

Required information [The following information applies to the questions displayed below.) Fred currently earns $9,800 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 $10,800 per month if he accepts the assignment. Assume that the maximum foreign- earned income exclusion for next year is $105,900. C-2. If Fred's employer also provides him free housing abroad (cost of $16,400 next year), how much of the $16,400 is excludable from Fred's income? Assume that Fred will be abroad for 305 days out of 365 days next year. (Use 365 days in a year. Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.)