I need help on the first part please!

Fixed Asset Purchases with Note On June 20, Collins Management Company purchased land for $400,000 and a building for $500,000, paying $360,000 cash and issuing a 5 note for the balance, secured by a mortgage on the property. The terms of the note provide for 20 semiannual payments of $30,000 on the principal plus the Interest accrued from the date of the preceding payment If an amount box does not require an entry, leave it blank Journalise the entry to record the transaction on June 30. June 30 Building 400.000 x 0 Land 560.000X O Notes Payable o 360,000 X Cash 600.000 X h. Journalize the entry to record the payment of the first installment on December 31 Dec 3: Notes Payable 30,000 0 Interest Expense 15.000 07 Cast 07 45.000 Joumalize the entry to record the payment of the second installment the following June 30. June 30 Notes Payable 30.000 Interest Expense 14.250 0 Cash 0 4.250