Mattson Loan Company completed these transactions:
2016
Apr. 1 Loaned $20,000 to Charlene Baker on a one-year, 5% note.
Dec. 31 Accrued interest revenue on the Baker note.
2017
Apr. 1 Collected the maturity value of the note from Baker (principal plus interest).
Show what Mattson would report for these transactions on its 2016 and 2017 balance sheets and income statements. Mattson's accounting year ends on December 31?