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Quadros Inc, a Portuguese firm was acquired by a U.S. company on January 1, 2020 Selected account balances are avallable for the year ended December

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Quadros Inc, a Portuguese firm was acquired by a U.S. company on January 1, 2020 Selected account balances are avallable 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 US balance sheet amount for equipment for 2021 . Multiple Choice $81,900. $90,900. $83,700 $88,200. $85,500

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