Handley Ltd$.$ acquired $42\%$ of the common shares of Lecce Ltd$.$ on January $1,2024,$ by paying

$$5\mathrm{.}68$ million for $142,000$ shares. Lecce declared a cash dividend of $$0\mathrm{.}60$ per share in each

quarter that Handley received on March $20,$ June $20,$ September $20,$ and December $20.$ Lecce

reported net income of $$1\mathrm{.}42$ million for the year. At December $31,$ the market price of the Lecce

shares was $$44$ per share.