How to solve for journal enties and income statement? I have included my attempt of journal entry but not sure if it is correct below.

PROBLEM:

Tony's favorite memories of his childhood were the times he spent with his dad at camp. Tony was daydreaming of those days a bit as he and Suzie jogged along a nature trail and came across a wonderful piece of property for sale. He turned to Suzie and said, "I've always wanted to start a camp where families could get away and spend some quality time together. If we just had the money, I know this would be the perfect place." On november $1,2022,$ Great Adventures purchased the land by issuing a $$900,000,6\%,10-$year installment note to the seller. Payments of $$9,992$ are required at the end of eacin month over the life of the $10-$year loan. Each monthly payment of $$9,992$ includes both interest expense and principal payments $($i$.$e$.,$ reduction of the loan amount$).$

Late that night Tony exclaimed, $"$We now have land for our new camp; this has to be the best news ever!" Suzie said, "There's

something else I need to tell you. I$\text{'}$m expecting!" They decided right then, if it was a boy, they would name him Venture.

$****$What I have gotten so far with journal entries but not sure if correct: $($please also so how to do income statement$)$

$2025-11-01$

Land $900,000($DEBIT$)$

Notes Payable $900,000($CR$)$

$2025-11-30$

Interest Expense $4,500($DEBIT$)$

Notes payable $5,492($DEBIT$))$

Accounts payable $9992($CR$)$

$2025-12-31$

Interest Expense $5,519($DEBIT$)$

Notes payable $4,473($DEBIT$)$

Accounts payable $9992($CREDIT$)$