Abbott and Baker form a partnership with each partner contributing $50,000 cash. Abbott will have more to do with the day-to-day operations of the partnership so the partnership agreement calls for Abbott to get 80% of the partnership's earnings. During the first year of operations, the company earned $45,000 revenue and incurred and paid $25,000 of expenses. Each partner withdrew $2,000 at the end of Year 1. What is the value of Baker's Capital account on the Year 1 Balance Sheet? $58,000 $54,000 $52,000 $50,000