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Discontinued Operations (Tables)
3 Months Ended
Apr. 01, 2023
Basis of Presentation  
Schedule income from discontinued operations

 

 

Three Months Ended

 

 

 

April 1,

2023

 

 

April 2,

2022

 

 

 

(unaudited)

 

 

(unaudited)

 

Net sales

 

$-

 

 

$2,367,226

 

Cost of products sold

 

 

-

 

 

 

(1,603,762)

Gross margin

 

 

-

 

 

 

763,464

 

 

 

 

 

 

 

 

 

 

Selling and administrative expenses

 

 

-

 

 

 

(257,060)

Operating income

 

 

-

 

 

 

506,404

 

 

 

 

 

 

 

 

 

 

Interest expense

 

 

-

 

 

 

(35,217)

Gain from discontinued operations before income taxes

 

 

-

 

 

 

471,187

 

 

 

 

 

 

 

 

 

 

Income tax expense

 

 

-

 

 

 

(126,867)

Income from discontinued operations, net of tax

 

$-

 

 

$344,320