1. On 1 January, William Thomas started a new business. During January he carried out the following transactions:
   • 1 January: Deposited $21,000 in a newly-opened business bank account.
   • 2 January: Bought office supplies for $5,000 cash and inventories $8,000 on credit.
   • 3 January: Borrowed $4,000 from a relative and deposited it in the bank.
   • 4 January: Bought a delivery truck for $13,000 cash and withdrew $300 in cash for his own use.
   • 5 January: Bought a further delivery truck costing $17,000. The truck bought on 4 January was given in part exchange at a value of $8,000. The balance of the purchase price for the new truck was paid in cash.
   • 6 January: Thomas won $2,500 in a lottery and paid the amount into the business bank account. He also repaid $1,200 of the borrowings.

Required: Draw up a statement of financial position for the business at the end of each day.