Rotweiler Obedience Schools December 31, 2018, balance sheet showed net fixed assets of $1,745,000, and the December 31, 2019, balance sheet showed net fixed assets of $2,080,000. The companys 2019 income statement showed a depreciation expense of $325,000.

What was the company's net capital spending for 2019? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.)