Statement of Financial Position at the start of the week:

ASSETS	$
Property	650,000
Office Equipment	350,000
Inventories	160,000
Trade Receivables	110,000
Total assets	1,270,000

EQUITY AND LIABILITIES	$
Equity	1,000,000
Short-term Borrowing	120,000
Trade Payables	150,000
Total equity and liabilities	1,270,000

Transactions:

1. Sold inventories for $45,000 cash; these inventories had cost $35,000.
2. Sold inventories for $55,000 on credit; these inventories had cost $45,000.
3. Received cash from trade receivables totaling $50,000.
4. The owners of the business introduced $350,000 of their own money, which was placed in the business bank account.
5. The owners bought a new server, valued at $80,000, into the business.
6. Bought inventories on credit for $45,000.
7. Paid trade payables $40,000.

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