Quadros Inc., a Portuguese firm was acquired by a U.S. company on January 1, 2020. Selected account balances are available for the year ended December 31, 2021, and are stated in Euro, the local currency. Sales Inventory (bought on February 1, 2021) Equipment (bought on January 1, 2020) Dividends (paid on September 1, 2021) Accumulated depreciation-Equipment 12/31/21 Depreciation expense-Equipment, 2021 400,000 20,000 90,000 20,000 45,000 9,000 Relevant exchange rates for 1 Euro are given below: $0.91 0.93 0.94 0.97 January 1, 2020 January 1, 2021 February 1, 2021 September 1, 2021 December 31, 2021 4th quarter average, 2020 4th quarter average, 2021 Average, 2021 1.01 0.90 0.98 0.95 Assume the functional currency is the Euro; compute the U.S. balance sheet amount for inventory at December 31, 2021. Multiple Choice $18,000 $20,200. O $18,800 O $19,000 d $19,600