Earnhardt Driving School's 2010 balance sheet showed net fixed assets of $2.8 million and long-term debt of $1.3 million. Its 2011 balance sheet showed net fixed assets of $3.6 million and long-term debt of $1.2 million. The company's 2011 income statement showed a depreciation expense of $345,000 and interest payments of $65,000. What was net capital spending for 2011?

Group of answer choices

$800,000

$1,145,000

$345,000

$3,600,000