Statement of financial position at the start of the week:

ASSETS	$
Property	400,000
Office Equipment	150,000
Inventories	90,000
Trade Receivables	85,000
Total assets	725,000

EQUITY AND LIABILITIES	$
Equity	540,000
Short-term Borrowing	100,000
Trade Payables	85,000
Total equity and liabilities	725,000

Transactions:

1. Sold inventories for $38,000 cash; these inventories had cost $30,000.
2. Sold inventories for $44,000 on credit; these inventories had cost $34,000.
3. Received cash from trade receivables totaling $45,000.
4. The owners of the business introduced $170,000 of their own money, which was placed in the business bank account.
5. The owners bought a set of office cubicles, valued at $10,000, into the business.
6. Bought inventories on credit for $35,000.
7. Paid trade payables $30,000.

Required:

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