Statement of financial position at the start of the week:

ASSETS	$
Property	640,000
Office Equipment	270,000
Inventories	190,000
Trade Receivables	180,000
Total assets	1,280,000

EQUITY AND LIABILITIES	$
Equity	920,000
Short-term Borrowing	220,000
Trade Payables	160,000
Total equity and liabilities	1,280,000

Transactions:

1. Sold inventories for $66,000 cash; these inventories had cost $56,000.
2. Sold inventories for $72,000 on credit; these inventories had cost $62,000.
3. Received cash from trade receivables totaling $78,000.
4. The owners of the business introduced $290,000 of their own money, which was placed in the business bank account.
5. The owners bought new computer equipment, valued at $35,000, into the business.
6. Bought inventories on credit for $75,000.
7. Paid trade payables $70,000.

Required:

Show the statement of financial position after all of these transactions have been reflected.