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Investment in Leasing Operations:
3 Months Ended
Mar. 30, 2024
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 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

    

March 30, 2024

    

April 1, 2023

Interest income on direct financing and sales-type leases

$

5,900

$

94,800

-

Operating lease income

627,800

852,700

Income on sales of equipment under lease

196,700

558,200

Other

6,400

131,300

Leasing income

$

836,800

$

1,637,000