The answer to the December 31 interest for Welch Co.Bonds are not $1200 that is what I need help with please.

Record these transactions on page 11 2074 Mar. 1 Received semiannual interest on the Welch Co. bonds. May 1 Received semiannual interest on the Bailey bonds. Required: 1. Journalize the entries to record these transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries CNOW journals will automatically indent a credit entry when a credit amount is entered. Assume 360 days a year Do not round your intermediate calculations and round final answers to the nearest dollar. 2. If the bond portfolio is classified as an available-for-sale investment, how would it be reported on the financial statements? 17 Adjusting Entries 18 Dec 31 Interest Receivable 1,200.00 19 Interest Revenue 1,200.00 20 Dec. 31 Interest Receivable 1,400.00 1 211 Interest Revenue 1,400.00 JOURNAL Score: 66/75 ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 Mar. 1 Cash 1,800.00 1 2 Interest Receivable 3 Interest Revenue 4 May 1 Cash 4,200.00 1 5 Interest Receivable 1,400.00 1 6 Interest Revenue 2,800.00 Points