Excellent Driving School's 2014 balance sheet showed net fixed assets of $3.4 million, and the 2015 balance
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Question:
Excellent Driving
School's 2014 balance sheet
showed net fixed assets of $3.4 million, and the 2015 balance sheet showed net fixed assets of
$4.2 million. The company's 2015 income statement showed a depreciation expense of
$385,000. What was net capital spending for 2015?
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