Textbox And Calculate Button - Separate Label For Answer

I'm using Visual Basic Express 2010. I have the prompt, the textbox and the calculate button. For the answer do I have to make a separate label for the answer in seconds and the actual response "That will take (separate label for answer) seconds" I made a click event button and assigned the following as global variables at the start of the form:

Const intSpeed As Integer = 1207
Const intTime As Integer = 3600

Then I made a click event for the button. I don't know what the formula is. Basically the user inputs a distance in the box, the calculate button tells you how long it will take for the vehicle to travel that distance in seconds.

Here's the interface: [URL]

Criteria:
Are We There Yet?
The Thrust SSC, a super fast vehicle tracked at 1207 Km per hour (750 mph) was clocked on the Black Rock desert back in 1977. Build an application that will tell people how many seconds it would take to get to their destination if they were driving the vehicle. Of course this doesn't include having to stop for stop signs, travel through school zones, or slow down for corners.

You need to include the following:
1.) Design the application with a prompt label and textbox to collect the distance from the user.
2.) A calculate time button
3.) The form must have the text property changed to read "Are we there yet?"
4.) The objects must have both the Text property and Name property changed to an appropriate value.
5.) A constant global variable should be used to represent speed of the vehicle.
6.) A constant global variable should be used for seconds (there are 3600 seconds in an hour)
8.) A local Dim variable declaration can be used within the button click to hold the distance value.
7.) Variables should be declared with the most appropriate data types.
8.) Include a "Text Changed" event to reset the time in seconds to a blank value when the user starts entering in a new distance.
9.) Comment code should be included