On May 1, 2014, Stanton Company purchased $60,000 of Harris Company's 12% bonds at 100 plus accrued interest of $2,400. On June 30, 2014, Stanton received its first semiannual interest. On February 1, 2015, Stanton sold $50,000 of the bonds at 103 plus accrued interest.

The journal entry Stanton will record on June 30, 2014, will include:

a. a credit to Cash for $2,400.

b. a debit to Cash for $3,600.

c. a credit to Interest Receivable for $1,200.

d. a credit to Interest Revenue for $2,400.