Statement of financial position at the start of the week:

ASSETS	$
Property	660,000
Office Equipment	280,000
Inventories	200,000
Trade Receivables	190,000
Total assets	1,330,000

EQUITY AND LIABILITIES	$
Equity	960,000
Short-term Borrowing	230,000
Trade Payables	170,000
Total equity and liabilities	1,330,000

Transactions:

1. Sold inventories for $68,000 cash; these inventories had cost $58,000.
2. Sold inventories for $74,000 on credit; these inventories had cost $64,000.
3. Received cash from trade receivables totaling $80,000.
4. The owners of the business introduced $300,000 of their own money, which was placed in the business bank account.
5. The owners bought new networking equipment, valued at $40,000, into the business.
6. Bought inventories on credit for $80,000.
7. Paid trade payables $75,000.

Required:

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