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19. Quadros Inc., a Portuguese firm was acquired by a U.S.company on January 1, 2012. Selected account balances are available for the year ended December 31, 2013, and are stated in Euro, the local currency. 7 Sales Inventory (bought on February 1, 2013) Equipment (bought on January 1, 2012) Dividends (paid on September 1, 2013) Accumulated depreciation - Equipment 12/31/13 Depreciation expense - Equipment, 2013 400,000 20,000 90,000 20,000 45,000 9,000 Relevant exchange rates for 1 Euro are given below: $.91 93 January 1, 2012 January 1, 2013 February 1, 2013 September 1, 2013 December 31, 2013 4th quarter average, 2012 4th quarter average, 2013 Average, 2013 94 97 1.01 .90 98 .95 Assume the functional currency is the Euro; compute the U.S. balance sheet amount for equipment for 2013 A. $81,900. B. $90,900. C. $83.700. D. $88,200