Statement of Financial Position at the start of the week:

ASSETS	$
Property	600,000
Office Equipment	300,000
Inventories	140,000
Trade Receivables	100,000
Total assets	1,140,000

EQUITY AND LIABILITIES	$
Equity	900,000
Short-term Borrowing	110,000
Trade Payables	130,000
Total equity and liabilities	1,140,000

Transactions:

1. Sold inventories for $40,000 cash; these inventories had cost $30,000.
2. Sold inventories for $50,000 on credit; these inventories had cost $40,000.
3. Received cash from trade receivables totaling $45,000.
4. The owners of the business introduced $300,000 of their own money, which was placed in the business bank account.
5. The owners bought new office equipment, valued at $70,000, into the business.
6. Bought inventories on credit for $40,000.
7. Paid trade payables $35,000.

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