Everett Co. was organized on July 1, 2015. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown below.

EVERETT CO. Trial Balance September 30, 2015
		Unadjusted				Adjusted
		Dr.		Cr.		Dr.		Cr.
Cash		$ 8,729				$ 8,729
Accounts Receivable		10,445				11,537
Supplies		1,501				607
Prepaid Rent		2,207				1,204
Equipment		18,400				18,400
Accumulated DepreciationEquipment				$ - 0 -				$ 682
Notes Payable				9,300				9,300
Accounts Payable				2,494				2,494
Salaries and Wages Payable				- 0 -				724
Interest Payable				- 0 -				93
Unearned Rent Revenue				1,915				1,061
Common Stock				22,470				22,470
Dividends		1,644				1,644
Service Revenue				16,822				17,914
Rent Revenue				1,400				2,254
Salaries and Wages Expense		8,039				8,763
Rent Expense		1,883				2,886
Depreciation Expense						682
Supplies Expense						894
Utilities Expense		1,553				1,553
Interest Expense						93
		$ 54,401		$ 54,401		$ 56,992		$ 56,992

Journalize the annual adjusting entries that were made. Then, prepare an income statement of retained earnings for the 3 months ending sept. 30, 2015. Prepare a balance sheet at Sept 30. If the note bears interest at 12% how many months has it veen outstanding?