Can someone please review my work and make sure I'm on the right track? Any feedback would be greatly appreciated. Thanks.

On Jan. 1, 2020, Evening Inc., sold a 1-acre land parcel to XYZ, Inc. XYZ gave a zero-interest- bearing note with a maturity payment of $112,204 due Dec. 31, 2024. XYZ's credit rating makes it eligible to borrow money at 7% interest compounded annually from local banks. Evening Inc. originally purchased the 1-acre land parcel for $60,000 in 2012. Instructions: For Evening Inc.: Record the journal entries related to this transaction assuming Evening Inc. has a December 31, 2019 year end. Accounts Debit Credit Note Receivable 80,000 Gain from Sale of land 20,000 Land 60,000 5,600 Interest Receivable Interest Revenue 5,600