Statement of Financial Position at the start of the week:

ASSETS	$
Property	500,000
Office Equipment	200,000
Inventories	100,000
Trade Receivables	80,000
Total assets	880,000

EQUITY AND LIABILITIES	$
Equity	700,000
Short-term Borrowing	90,000
Trade Payables	90,000
Total equity and liabilities	880,000

Transactions:

1. Sold inventories for $30,000 cash; these inventories had cost $20,000.
2. Sold inventories for $40,000 on credit; these inventories had cost $30,000.
3. Received cash from trade receivables totaling $35,000.
4. The owners of the business introduced $200,000 of their own money, which was placed in the business bank account.
5. The owners bought manufacturing equipment, valued at $50,000, into the business.
6. Bought inventories on credit for $30,000.
7. Paid trade payables $25,000.

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