Quadros Inc

Quadros Inc., a Portuguese firm was acquired by a U.S. company on January 1, 2012. Selected account balances are available for the year ended December 31, 2013, and are stated in Euro, the local currency. Assume the functional currency is the U.S. Dollar; compute the U.S. balance sheet amount for equipment for 2013.

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