Complex sentence: "There's a Hole in My Bucket" (or "... in the Bucket") is a children's song, based on a dialogue about a leaky bucket between two characters, called Henry and Liza.
Split into simpler sentences: There's a Hole in My Bucket (or "... in the Bucket") is a children's song. The song is based on a dialogue about a leaky bucket between two characters, called Henry and Liza.