Hello I have an agriculture economics based question and I am having trouble figuring out the answer? I have provided an image of the question below with more info apart of the question

Jim is a grower of corn and soybeans in Nebraska. He farms 2000 acres and normally plants of his farm to each crop. He usually makes 40 bushels per acre on his soybeans. On February 15, he is contemplating his marketing options for his soybeans. November soybean futures are trading at $12.10. The local elevator is quoting -20 November futures for Sept/Oct delivery. He decides to forward contract half of his soybean crop with the local elevator, and hedges the other half. Unfortunately a drought strikes Nebraska and John only yields half of what he expected on his soybeans. Because of the drought, market prices have risen significantly. On Sept 30, John has harvested all of his soybeans. The Nov. soybean futures have risen to $17.15. The local elevator agrees to cancel the soybean contract shortfall at their bid price of $17.45 per bushel.

Question 23 1 pts 23. lfJim kept his original plan and devoted half of his reduced production to the forward contract and half to the hedge, how much total revenue did John make on his forward contracted soybeans, and how much on the hedged portion? (Hint: This one seems complex, but it's pretty simple. To get the revenue from the forward contract, just calculate the number of bushels delivered on the forward contact times the forward contract price, and subtract the amount of bushels he cancelled because of the shortfall times the cancellation price in #22 above. To get the revenue from the hedged portion, start with the bushels sold at harvest times the price he received at harvest, and then subtract how much he hedged times the loss on the hedge from #21 above), 0 Forward contract revenue $119,000, Hedged portion revenue, $101,000, Total revenue $220,000 0 Forward contract revenue $63,500, Hedged portion revenue, $174,500, Total revenue $238,000 Forward contract revenue $174,500, Hedged portion revenue, $73,500, Total revenue $248,000 0 Forward contract revenue $63,500, Hedged portion revenue, $73,500, Total revenue $137,000