Statement of financial position at the start of the week:

ASSETS	$
Property	380,000
Office Equipment	140,000
Inventories	85,000
Trade Receivables	75,000
Total assets	680,000

EQUITY AND LIABILITIES	$
Equity	500,000
Short-term Borrowing	90,000
Trade Payables	90,000
Total equity and liabilities	680,000

Transactions:

1. Sold inventories for $36,000 cash; these inventories had cost $28,000.
2. Sold inventories for $42,000 on credit; these inventories had cost $32,000.
3. Received cash from trade receivables totaling $40,000.
4. The owners of the business introduced $160,000 of their own money, which was placed in the business bank account.
5. The owners bought a forklift, valued at $16,000, into the business.
6. Bought inventories on credit for $30,000.
7. Paid trade payables $28,000.

Required:

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