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 400,000 Inventory (bought on February 1, 2021) 20,000 Equipment (bought on January 1, 2020) 90,000 Dividends (paid on September 1, 2021) 20,000 Accumulated depreciation Equipment 12/31/21 45,000 Depreciation expense-Equipment, 2021 9,000 Relevant exchange rates for 1 Euro are given below: January 1, 2020 January 1, 2021 February 1, 2021 September 1, 2021 $0.91 0.93 0.94 0.97 Relevant exchange rates for 1 Euro are given below: 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 $0.91 0.93 0.94 0.97 1.01 0.90 0.98 0.95 Assume the functional currency is the Euro: compute the U.S. balance sheet amount for equipment for 2021. $81,900 $90,900 $83.700 $88.200 585,500