The root hashes the two parents into one check value.
The root hashes the two parents
The root is computed from parent AB=0x65 and parent CD=0xa9.
H(0x65∥0xa9)
The parent bytes wrap again
0x65 plus 0xa9 gives 0x10e, so the displayed root is 0x0e.
H(0x65∥0xa9)=0x0e
The root is the compact check value
The original tree root is 0x0e. A verifier can recompute it from the chunks.
root=0x0e
Summary
The root is small here because the hash is a toy one-byte rule.
root=0x0e