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Earnhardt Driving School's 2014 balance sheet showed net fixed assets of $4 million, and the 2015 balance sheet showed net fixed assets of $6 million.
Earnhardt Driving School's 2014 balance sheet showed net fixed assets of $4 million, and the 2015 balance sheet showed net fixed assets of $6 million. The company's 2015 income statement showed a depreciation expense of $865,000. What was net capital spending for 2015? Multiple Choice $2,000,000 $-1,135,000 $2,865,000 O $-2,000,000 $1,135,000
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