P2-9 Calculating Net Capital Spending (L04) 21 Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $4.4 million, and the 2009 balance sheet showed net fixed assets of $5.4 million. The company's 2009 income statement showed a depreciation expense of $785,000. What was net capital spending for 2009? 1 points eBook Multiple Choice References $1,785,000 $-215,000 $1,000,000 $-1,000,000 $215,000