Investment in Leasing Operations:

9 Months Ended

Sep. 30, 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		Nine Months Ended		Nine Months Ended
	September 30, 2023		September 24, 2022		September 30, 2023		September 24, 2022
Interest income on direct financing and sales-type leases	$	52,000	$	153,500	$	225,500	$	637,300
Selling profit (loss) at commencement of sales-type leases		94,900		—		94,900		1,298,000
Operating lease income		820,000		651,900		2,346,800		1,562,000
Income on sales of equipment under lease		71,000		865,900		716,600		1,798,000
Other		254,000		90,800		564,900		550,500
Leasing income	$	1,291,900	$	1,762,100	$	3,948,700	$	5,845,800