Statement of financial position at the start of the week:

ASSETS	$
Property	250,000
Office Equipment	90,000
Inventories	50,000
Trade Receivables	48,000
Total assets	438,000

EQUITY AND LIABILITIES	$
Equity	320,000
Short-term Borrowing	80,000
Trade Payables	38,000
Total equity and liabilities	438,000

Transactions:

1. Sold inventories for $20,000 cash; these inventories had cost $15,000.
2. Sold inventories for $30,000 on credit; these inventories had cost $22,000.
3. Received cash from trade receivables totaling $25,000.
4. The owners of the business introduced $100,000 of their own money, which was placed in the business bank account.
5. The owners bought a van, valued at $20,000, into the business.
6. Bought inventories on credit for $22,000.
7. Paid trade payables $15,000.

Required:

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