Hi I am stuck on a accounting problem. I understand how to record the purchase of the bonds and understand 100 and 103 but I am stuck on the accrued interest. Can you record the journal entries and explain where you got the entries from. Thanks!

On May 1, Pierce Company purchased $60,000 of Stanton Company's 12% bonds at 100 plus accrued interest of $2,400. On June 30, Pierce received its first semiannual interest.On February 1, Pierce sold $50,000 of the bonds at 103 plus accrued interest. Please record the journal entries.