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EX 12-16 Partner bonuses, statement of partners'equity The partnership of Angel Investor Associates began operations on January 1, 2016, with contributions from two partners as

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EX 12-16 Partner bonuses, statement of partners'equity The partnership of Angel Investor Associates began operations on January 1, 2016, with contributions from two partners as follows: OBJ. 2, 3, 5 Dennis Overton Ben Testerman $180,000 120,000 The following additional partner transactions took place during the year: 1. In early January, Randy Campbell is admitted to the partnership by contributing $75,000 cash for a 20% interest

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