Abardeen Corporation borrowed $51,000 from the bank on October 1, 2016. The note had an 6 percent annual rate of interest and matured on March 31, 2017. Interest and principal were paid in cash on the maturity date.

Required

a.	What amount of cash did Abardeen pay for interest in 2016?

b.	What amount of interest expense was recognized on the 2016 income statement? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)