Word Legacy Dropdown Form Field with IF statement doesn't work properly

Question

I created a Legacy Drop-Down Form Field from the Developer Tools. I created the Drop-down items "1" and "2" for it. The bookmark is named "Dropdown1". I checkmarked Calculate on exit.

The code is as follows:

{ IF{ Dropdown1 }= "1" "Type 1" { IF{ Dropdown1 }= "2" "Type 2"}}

However only Type 1 gets displayed not matter if I selected 1 or 2 in the dropdown menu. I used the restrict editing thing before testing it and updated the IF field with F9 before testing.