Statement of Financial Position at the start of the week:

ASSETS	$
Property	450,000
Office Equipment	150,000
Inventories	80,000
Trade Receivables	60,000
Total assets	740,000

EQUITY AND LIABILITIES	$
Equity	600,000
Short-term Borrowing	70,000
Trade Payables	70,000
Total equity and liabilities	740,000

Transactions:

1. Sold inventories for $25,000 cash; these inventories had cost $18,000.
2. Sold inventories for $35,000 on credit; these inventories had cost $25,000.
3. Received cash from trade receivables totaling $30,000.
4. The owners of the business introduced $150,000 of their own money, which was placed in the business bank account.
5. The owners bought a computer system, valued at $40,000, into the business.
6. Bought inventories on credit for $25,000.
7. Paid trade payables $20,000.

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