Hamilton Language School's 2011 statement of financial position showed net fixed assets of $3.4 million and the 2012 statement of financial position showed net fixed assets of $4.2 million. The company's 2012 statement of comprehensive income showed a depreciation expense of $385,000. What was net capital spending in 2012? Round your answers to 3 decimal points. Show your work. Given the following information for Diane's Pizza Co., calculate the depreciation expense: sale $41,000 costs = $19,500, addition to retained earnings-$5,100, dividends paid $1,500, interest expense: $4,500, tax rate = 35%. Do not round intermediate calculations and round your final answer to 2 decimal places