PLANO, Inc. purchased 920,000 shares of Sulphur Springs Semiotics (SSS) for $14.00 per share at the beginning of 2022.  SSS Market Cap was $50,400,000 and 40% of the amount in excess of SSS Book Value ($40,320,000) was attributable to an asset with a five-year life.  During 2022 SSS reported NI of $1,600,000.  PLANO will report net investment income of 

202809

 

514800

 

793600

 

606500

 

408889

Answer rating: 100% (QA)

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