On July 1, 2018, Wolfpack Corporation purchased securities which it intends to buy and sell frequently. These securities consisted of Todd Corporation 10%, 5-year bonds with a face value of $21000 which were purchased for $19500. Assume that on December 31, 2019, Wolfpack received interest on the Todd corporation bonds. Wolfpack uses the straight-line method to amortize premiums and discounts

prepare the December 31 journal entry to record the receipt of the interest.