Sarah started a new business on I June. During the first month of her business the following transactions took place: . a) Sarah opened a bank account in the name of her business and transferred $50,000 of her own money to it. (b) She borrowed $35,000 from the Commercial Loan Company and paid the money into the business bank account. (c) She paid $40,000 for a small business unit (office). (d) She paid $3,000 for a second-hand delivery van. (e) She bought goods for resale (inventories) for $10,000, paying immediately, and further goods for $20,000, on credit. () She sold goods, which had cost $15,000, for $25,000; $5,000 of this revenue was for cash and the remaining $20,000 was on credit. (g) She paid staff wages for June totaling $500. (h) She received $4,000 from trade receivables. Open a statement of financial position (Balance sheet) for Sarah's business and show each of these transactions on it as a series of pluses and minuses to reach the position of the business as at the end of June. Show two main headlines for your balance sheet ("Assets" and "Equity and liabilities")