Question $1(10$ points$)$

The Jones Brothers Inc. Thad net fixed assets of $$4,000,000$ and $$4,300,000$ at the end of $2011$ and $2012,$ respectively. Its depreciation expense in $2012$ was $$200,000.$ What was the company's net capital spending in $2012?$

$500,000$

$400,000$

$200,000$

$300,000$