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This year, Amalgamated Industries reported depreciation expense of $145,000 on its income statement while reporting Net Fixed Assets of $260,000 on its balance sheet. Last

This year, Amalgamated Industries reported depreciation expense of $145,000 on its income statement while reporting Net Fixed Assets of $260,000 on its balance sheet. Last year, it reported depreciation expense of $105,000 and net fixed assets of $270,000. What was Net Capital Spending this year?

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