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Investment in Leasing Operations:

6 Months Ended

Jun. 29, 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 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
		June 29, 2024			July 1, 2023			June 29, 2024			July 1, 2023
Interest income on direct financing and sales-type leases		$	700		$	78,700		$	6,700		$	173,500	-
Operating lease income			252,100			674,200			879,800			1,526,800
Income on sales of equipment under lease			99,900			87,400			296,500			645,600
Other			171,700			179,500			178,200			310,900
Leasing income		$	524,400		$	1,019,800		$	1,361,200		$	2,656,800