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Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $4.5 million, and the 2009 balance sheet showed net fixed assets of $5.4 million.
Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $4.5 million, and the 2009 balance sheet showed net fixed assets of $5.4 million. The company's 2009 income statement showed a depreciation expense of $935,000. What was net capital spending for 2009? |
rev: 09_17_2012
Multiple Choice
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$900,000
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$1,835,000
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$-900,000
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$35,000
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$-35,000
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