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. Relevant exchange rates for 1 Euro are given below: Assume the functional currency is the Euro; compute the U.S. balance sheet amount for inventory at December 31, 2021. Assume the functional currency is the Euro; compute the U.S. balance sheet amount for inventory at December 31, 2021. $18,800.$20,200.$19,000.$18,000.$19,600