Quadros Inc., a Portuguese firm was acquired by a U.S. company on January 1, 2017 Selected account balances are available for the year ended December 31, 2018, and are stated in Euro, the local currency e 400,000 20,000 90,000 20,000 45,000 9,000 Equipment (bought on January 1, 2017) Dividends (paid on September 1, 2018) Relevant exchange rates for 1 Euro are given below: January 1, 2017 January 1, 2018 $0.91 0.93 0.94 0.97 1.01 0.90 0.98 December 31, 2018 MC Qu. 75 Assume the functional currency is the U.S. dollar... Assume the functional currency is the U.S. Dollar; compute the U.S. balance sheet amount for accumulated depreciation for 2018