*** I am so confused on the below... Please assist?*** I cant seem to balance this

Doyle Company issued $330,000 of 10-year, 7 percent bonds on January 1, 2016. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $63,500 of cash revenue, which was collected on December 31 of each year, beginning December 31, 2016.

A) Prepare the journal entries for these events, and post them to T-accounts for 2016 and 2017. (For the below required Journal Entries)

1) Journal Entry: Record the issue of bonds payable. - Date: 01/01/2016

2) Journal Entry: Record the purchase of land.- Date: 01/01/2016

3) Journal Entry: Record the receipt of lease revenue. - Date: 12/31/2016

4) Journal Entry: Record the interest expenses for bonds payable. - Date: 12/31/2016

5) Journal Entry: Record the entry to close revenue and expense accounts.- Date: 12/31/2016

6) Journal Entry: Record the receipt of lease revenue.- Date: 12/31/2017

7) Journal Entry: Record the interest expenses for bonds payable.

8) Journal Entry: Record the entry to close revenue and expense accounts.

B) T-accounts for 2016 and 2017. (For Cash, Land, Bonds Payable, Retained Earnings, Lease Revenue, and Interest Expense).

C) Prepare the income statement, balance sheet, and statement of cash flows for 2016 and 2017.