Calculate and fill in the blanks.

1. On 1 May 2019, B.Black started in business and deposited $60,000 into a bank account opened specially for the business.
2. On 3 May 2019, Black buys a small shop for $32,000, paying by cheque.
3. On 6 May 2019,Black buys some goods for $7,000 from D.Smith, and agree to pay them sometime within the next two weeks.
4. On 10 May 2019, goods which cost $600 were sold to J.brown for the same amount, the money to be paid later
5. On 13 May 2019, goods which cost $400 were sold to D.Daley for the same amount, Daley paid for them immediately.
6. On 15 May 2019,Black pays a cheque for $3,000 to D.Smith in part payment of the amount owing.
7. J.Brown, who owned Blake $600,makes a part payment of $200 by cheque on 31 May cheque on 31 May 2019.

Statement of financial position as at 31 May 2019
Assets	$
Shop (2scores)
Inventory (3scores)
Account receivable (3scores)
Cash at bank (3scores)
Total assets (4scores)
Less:Accounts payable (3scores)
Capital (2scores)