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LO 4 (8. Calculating Net Capital Spending. Rotweiler Obedience School's December 31, 2015, balance sheet showed net fixed assets of $1,975,000, and the December 31,

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LO 4 (8. Calculating Net Capital Spending. Rotweiler Obedience School's December 31, 2015, balance sheet showed net fixed assets of $1,975,000, and the December 31, 2016, balance sheet showed net fixed assets of $2,134,000. The company's 2016 income statement showed a depreciation expense of $325,000. What was the company's net capital spending for 2016

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