Please help with income statement, balance sheet, and closing entries for expense account by giving answers in the formats given, specifically for the income statement and balance sheet, thank you!

Tony's fovorite 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 tumed to Suzie and said, Tve 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 $1,2025,$ Great Adventures purchased the land by issuing a $$500\mathrm{.}000,6\%,10$ year this would be the perfect place." On November $1,2025,$ Great Adventures purchased the land by issuing a $$500,000,6\%,10-$year installment note to the seller. Payments of $$5,551$ are required at the end of each month over the life of the $10-$year loan. Each monthly payment of $$5,551$ 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 Late that night, Tony exclaimed, $"$We now have la

Prepare an income statement for the period ended December $31,2025.$ Choose the appropriate accounts to complete the company's income statement. The unadjusted or post$-$closing balances will appear for each account, based on your selection.