Quadros Inc

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 equipment for 2021.

A) $81,900.
B) $90,900.
C) $83,700
D) $88,200.
E) $85,500.