Statement of financial position at the start of the week:

ASSETS	$
Property	420,000
Office Equipment	160,000
Inventories	95,000
Trade Receivables	90,000
Total assets	765,000

EQUITY AND LIABILITIES	$
Equity	570,000
Short-term Borrowing	110,000
Trade Payables	85,000
Total equity and liabilities	765,000

Transactions:

1. Sold inventories for $40,000 cash; these inventories had cost $32,000.
2. Sold inventories for $46,000 on credit; these inventories had cost $36,000.
3. Received cash from trade receivables totaling $48,000.
4. The owners of the business introduced $180,000 of their own money, which was placed in the business bank account.
5. The owners bought a conference table, valued at $7,000, into the business.
6. Bought inventories on credit for $38,000.
7. Paid trade payables $32,000.

Required:

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