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Investment in Leasing Operations:

3 Months Ended

Apr. 01, 2023

Investment in Leasing Operations:

Investment in Leasing Operations:

5. Investment in Leasing Operations:

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

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

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​	​	​	​	​	​	​
​	​	Three Months Ended		​	Three Months Ended
​		April 1, 2023			March 26, 2022
Interest income on direct financing and sales-type leases	​	$	94,800	​	$	278,500
Selling profit (loss) at commencement of sales-type leases	​		—	​		1,263,200
Operating lease income	​	​	852,700	​	​	381,800
Income on sales of equipment under lease	​	​	558,200	​	​	603,400
Other	​	​	131,300	​	​	344,800
Leasing income	​	$	1,637,000	​	$	2,871,700

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- Definition

The entire disclosure for lessor entity's leasing arrangements including direct financing and sales-type leases and operating leases.

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