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Logano Driving School's 2017 balance sheet showed net fixed assets of $4.5 million, and the 2018 balance sheet showed net fixed assets of $5.9 million.

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Logano Driving School's 2017 balance sheet showed net fixed assets of $4.5 million, and the 2018 balance sheet showed net fixed assets of $5.9 million. The company's 2018 income statement showed a depreciation expense of $905,000. What was net capital spending for 2018 ? Muttiple Choice $1,400,000 $495,000 $1,400.000 5495.000 $2,305,000

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