INFORMATION: prepare the statement of financial position as at 07 January 20.15 The balance sheet of a business as at 01 January 20.15 included the following items: Equity Equipment Inventories Bank overdraft Trade and other receivables Trade and other payable R 3 045 000 3 120 000 420 000 645 000 495 000 345 000 Transactions During the week ended 07 January 20.12 the following transactions took place: Inventories were sold for R165 000 cash; these inventories had cost R120 000 Sold inventories for R345 000 on credit; these inventories had cost R255 000 Received cash from debtors totalling R270 000 The owners introduced R1 500 000 cash into the business Ten computers were purchased on credit, R150 000 Bought inventories on credit for R210 000 Paid creditors a total amount of R195 000 in settlement of accounts