The reducers weren't normally found with a 3.31 gear set. Is it possible that a prior owner had a 4.11:1 or numerically higher gear ratio and changed it? Or, they had the wrong gears in the trans and tried to adapt it. Personally I would ditch the adaptor. The textbook answer is below though.
Gear ratio X 20.2 (static factor) divided by the tire diameter equals the speedo ratio.
3.31:1 rear axle ratio and a 26.2" tire will give you 2.55. (**If you provide the tire size, or measured rollout we can be more precise.)
A 28 tooth driven gear and a 11 tooth drive gear = 2.55 or about as close as you are going to get. However, it's not the only close combination. These number combinations would also work: 9/23, 12/31, 14/36, 15/38, 16/41, 17/43, 18/46.
This all assumes that the speedo is calibrated accurately.