Let me know if Im correct please

After all of the account balances have been extended to the Income Statement columns of the end-of period spreadsheet, the totals of the Debit and Credit columns are $23,564 and $41,859, respectively. What is the amount of the net income or net loss for the period? $18,295 net income $23,564 net income O$41,859 net loss $18,295 net loss On October 17, Nikle Company purchased a building and a plot of land for $482,000. The building was valued at $274,700 while the land carried a value of $207,300. Nikle paid $71,800 down in cash and signed a notes payable for the balance. Prepare the journal entry for this transaction. If an amount box does not require an entry, leave it blank or enter 0" Oct. 17 Building 274,700 Land 207,300 Cash 71,800 tco,000) - Notes Payable