Statement of financial position at the start of the week:

ASSETS	$
Property	310,000
Office Equipment	100,000
Inventories	60,000
Trade Receivables	50,000
Total assets	520,000

EQUITY AND LIABILITIES	$
Equity	380,000
Short-term Borrowing	80,000
Trade Payables	60,000
Total equity and liabilities	520,000

Transactions:

1. Sold inventories for $21,000 cash; these inventories had cost $14,000.
2. Sold inventories for $26,000 on credit; these inventories had cost $18,000.
3. Received cash from trade receivables totaling $24,000.
4. The owners of the business introduced $120,000 of their own money, which was placed in the business bank account.
5. The owners bought a photocopier, valued at $8,000, into the business.
6. Bought inventories on credit for $22,000.
7. Paid trade payables $20,000.

Required:

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