Statement of financial position at the start of the week:

ASSETS	$
Property	540,000
Office Equipment	220,000
Inventories	140,000
Trade Receivables	135,000
Total assets	1,035,000

EQUITY AND LIABILITIES	$
Equity	750,000
Short-term Borrowing	170,000
Trade Payables	115,000
Total equity and liabilities	1,035,000

Transactions:

1. Sold inventories for $55,000 cash; these inventories had cost $45,000.
2. Sold inventories for $60,000 on credit; these inventories had cost $50,000.
3. Received cash from trade receivables totaling $62,000.
4. The owners of the business introduced $240,000 of their own money, which was placed in the business bank account.
5. The owners bought office partitions, valued at $9,000, into the business.
6. Bought inventories on credit for $50,000.
7. Paid trade payables $48,000.

Required:

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