Enter complete name

package com.project;

import javax.swing.*;
import javax.swing.border.*;
import java.awt.*;
import java.awt.event.*;

public class PE3Biala extends JFrame implements ActionListener{
    private JTextField inputField;
    private JPanel panel;
    private JButton btnSubmit;
    private JLabel lblTitle, lbl1, lblResult;

    public PE3Biala() {
        setTitle("PE3 Biala");
        setDefaultCloseOperation(JFrame.EXIT_ON_CLOSE);
        setBounds(100, 100, 350, 200);
        panel = new JPanel();
        panel.setPreferredSize(new Dimension(350, 200));
        panel.setBorder(new EmptyBorder(5, 5, 5, 5));
        setContentPane(panel);
        panel.setLayout(null);

        lblTitle = new JLabel("Welcome to GUI Components!");
        lblTitle.setFont(new Font("Serif", Font.BOLD, 22));
        lblTitle.setBounds(22, 22, 302, 24);
        panel.add(lblTitle);

        lbl1 = new JLabel("Enter Your Complete Name");
        lbl1.setFont(new Font("Tahoma", Font.PLAIN, 16));
        lbl1.setBounds(65, 57, 203, 24);
        panel.add(lbl1);

        inputField = new JTextField();
        inputField.setBounds(34, 92, 195, 24);
        panel.add(inputField);
        inputField.setColumns(10);

        btnSubmit = new JButton("Submit");
        btnSubmit.setFont(new Font("Tahoma", Font.PLAIN, 11));
        btnSubmit.setBounds(240, 92, 67, 24);
        btnSubmit.addActionListener(this);
        panel.add(btnSubmit);


        lblResult = new JLabel("");
        lblResult.setFont(new Font("Tahoma", Font.PLAIN, 12));
        lblResult.setHorizontalAlignment(SwingConstants.CENTER);
        lblResult.setBounds(34, 127, 273, 23);
        panel.add(lblResult);
    }

    @Override
    public void actionPerformed(ActionEvent e) {
        if(e.getSource() == btnSubmit) {
            lblResult.setText("Hello, "+inputField.getText());
        }
    }

    public static void main(String[] args) {
        new PE3Biala().setVisible(true);
    }
}