How would you input this information into a balance sheet for both 2014 and 2015?

1)You take out an annual loan in the amount of $26,000 in 2014, and $30,000 in 2015.. You pay the entire loan balance off on January 31st of the following year. The interest expense each year is 5% and begins accruing when you draw on the loan March 31st, but you do not make an interest payment until January 31st.