P3-3A Alena Co. was organized on July 1, 2017. Quarterly financial statements are pre- pared. The unadjusted and adjusted trial balances as of September 30 are shown below. ALENA Co. Trial Balance September 30, 2017 Unadjusted Adjusted Cr. Cr. Cash Accounts Receivable Dr $ 8,700 10,400 $ 8,700 11,500 650 500 18,000 Ll Prepaid Rent Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Unearned Rent Revenue Owner's Capital Owner's Drawings Service Revenue Rent Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense 18,000 $ 700 10,000 2,500 725 10,000 2,500 1,900 22,000 450 22,000 i,600 1,600 16,000 1,410 2,860 8,000 1,900 8,725 3,600 700 850 1,510 100 1,510 $53,810 $53,810 $56,435 $56,435 Instructions (a) Journalize the adjusting entries that were made. (b) Prepare an income statement and an owner's equity statement for the 3 months ending September 30 and a balance sheet at September 30. (c) If the note bears interest at 12%, how many months has it been outstanding