Abel and Baker had beginning capital balances of \(\$ 20,000\) and 16,000 , respectively. The two partners fail to agree on a profit-and-loss ratio. For the first month (June 2008), the partnership lost \(\$ 8,000\).

1. How much of this loss goes to Abel? How much goes to Baker? 

2. The partners withdrew no assets during June. What is each partner's capital balance at June 30? Prepare a T-account for each partner's capital.