The following is the ending balances of accounts at December $31,2024,$ for the Weismuller Publishing Company.

Additional information:

Prepaid expenses include $$130,000$ paid on December $31,2024,$ for two year of rent on the building that houses both the administrative offices and the manufacturing facility.

Investments include $$35,000$ in Treasury bills purchased on November $30,2024.$ The bills mature on January $30,2025.$ The remaining $$115,000$ is an investment in equity securities that the company intends to sell in the next year.

Deferred revenue represents customer prepayments for subscriptions. Subscriptions are forperiods of one year orless.

The notes payable account consists of the following:

a ~~$$45000$ note dlle in six months