1. On 1 May, Alex Johnson started a new business. During May he carried out the following transactions:
   • 1 May: Deposited $30,000 in a newly-opened business bank account.
   • 2 May: Bought computer equipment for $7,000 cash and inventories $9,000 on credit.
   • 3 May: Borrowed $4,000 from a relative and deposited it in the bank.
   • 4 May: Bought an office car for $10,000 cash and withdrew $400 in cash for his own use.
   • 5 May: Bought a further office car costing $15,000. The car bought on 4 May was given in part exchange at a value of $8,000. The balance of the purchase price for the new car was paid in cash.
   • 6 May: Johnson won $3,000 in a lottery and paid the amount into the business bank account. He also repaid $1,500 of the borrowings.

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