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 $6 million. The company's 2009 income statement showed a depreciation expense of $975,000. What was net capital spending for 2009?

Multiple Choice $2,475,000 $-1,500,000 $-525,000 $1,500,000 $525,000