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7. Calculating Net Capital Spending Rottweiler Obedience School's December 31, 2021, balance sheet showed net fixed assets of $2.3 million, and the December 31, 2022,

7. Calculating Net Capital Spending Rottweiler Obedience School's December 31, 2021, balance sheet showed net fixed assets of $2.3 million, and the December 31, 2022, balance sheet showed net fixed assets of $3.1 million. The company's 2022 income statement showed a depreciation expense of $327,000. What was the company's net capital spending for 2022

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