Investment in Leasing Operations:

6 Months Ended

Jul. 01, 2023

Investment in Leasing Operations:

Investment in Leasing Operations:

5. Investment in Leasing Operations:

In May 2021, the Company made the decision to no longer solicit new leasing customers and will pursue an orderly run-off for its leasing portfolio.

Leasing income as presented on the Consolidated Condensed Statements of Operations consists of the following:

	Three Months Ended		Three Months Ended		Six Months Ended		Six Months Ended
	July 1, 2023		June 25, 2022		July 1, 2023		June 25, 2022
Interest income on direct financing and sales-type leases	$	78,700	$	205,300	$	173,500	$	483,800
Selling profit (loss) at commencement of sales-type leases		—		34,800		—		1,298,000
Operating lease income		674,200		528,300		1,526,800		910,100
Income on sales of equipment under lease		87,400		328,700		645,600		932,100
Other		179,500		114,900		310,900		459,700
Leasing income	$	1,019,800	$	1,212,000	$	2,656,800	$	4,083,700