Gordon Driving Schools 2011 balance sheet showed net fixed assets of $1.42 million, and the 2012 balance sheet showed net fixed assets of $1.69 million. The companys 2012 income statement showed a depreciation expense of $145,000.

What was Gordons net capital spending for 2012? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, i.e. 1,234,567.)