Stegan Inc. purchased $$350,000$ of Kioni Corporation $6\%$ bonds at $100$ plus accrued interest of $$1,750.$ Interest is received semiannually. Stegan later sold $$180,000$ of bonds at $98$ plus accrued interest of $$1,800.$ The journal entry for the first semiannual interest payment received would include a:

debit to Interest Receivable for $$1,750$

credit to Interest Revenue for $$10,500$

debit to Cash for $$8,750$

credit to Interest Revenue for $$8,750$