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Net Capital Spending Your corporation has net fixed assets of $8,000,000 at the beginning of the year, and at the end of the (Dec. 2019)

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Net Capital Spending Your corporation has net fixed assets of $8,000,000 at the beginning of the year, and at the end of the (Dec. 2019) net fixed assets $14,500,000. Depreciation expense for 2019 is $630,000. What is the net capital spending for 2019? Please show your formula and calculations in the space provided

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