Statement of financial position at the start of the week:

ASSETS	$
Property	440,000
Office Equipment	170,000
Inventories	100,000
Trade Receivables	95,000
Total assets	805,000

EQUITY AND LIABILITIES	$
Equity	600,000
Short-term Borrowing	120,000
Trade Payables	85,000
Total equity and liabilities	805,000

Transactions:

1. Sold inventories for $42,000 cash; these inventories had cost $34,000.
2. Sold inventories for $48,000 on credit; these inventories had cost $38,000.
3. Received cash from trade receivables totaling $50,000.
4. The owners of the business introduced $190,000 of their own money, which was placed in the business bank account.
5. The owners bought a set of laptops, valued at $14,000, into the business.
6. Bought inventories on credit for $40,000.
7. Paid trade payables $35,000.

Required:

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