The agent incorrectly calculated the step-up despite the environment presenting the calculation in multiple ways and the agent consulting the source material.

“And so this, this is the gate that, that we've been talking about. And this is, you know, I would also consider a construction output because, you know, the step-up is built as purchase price plus estimated working capital liabilities, less tax bases and current assets, less tax bases and appreciable assets, and recovered straight line over fifteen years.”

“This is-- This was discussed and shown in the environment multiple ways. You know, we knew that the agent looked at the source material and this is, you know, fair to grade it on, and it got it wrong.”