The force of gravity is to a very good approximation a true central force - so the Earth is attracted to where the sun is now, in an inertial frame at the center of mass of the solar system (essentially equal to the inertial frame in which the sun is stationary, but not quite). This does not mean that gravity actually travels faster than light, however. See the sci.physics.faq
http://math.ucr.edu/home/baez/physics/Relativity/GR/grav_speed.html
Note that electromagnetic forces also exhibit a similar effect, this is not unique to gravity.
So draw a diagram in the center of mass of the solar system. The sun will be essentially at the origin of the diagram. Gravity pulls the Earth toward the origin.
Light, moves at a speed of 'c', so the apparent direction of light is aberrated by the Earth's orbital velocity in the center-of-mass frame.
http://64.233.187.104/search?q=cache:qOPuUq3cTaYJ:en.wikipedia.org/wiki/Aberration_of_light
So we expect .0001 radian of abberation in the direction of the light.
If we take the moon's synodic period of 29.53 days / 2 pi radians and calculate
29.53 days / (2 * Pi radians) * .0001 radians
we get 40 seconds. I'm not sure of the experimental source / observations of this number, but that's the theoretical calculation.