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Wallace Driving School s 2 0 2 0 balance sheet showed net fixed assets of $ 4 . 9 million, and the 2 0 2

Wallace Driving Schools 2020 balance sheet showed net fixed assets of $4.9 million, and the 2021 balance sheet showed net fixed assets of $5.5 million. The companys 2021 income statement showed a depreciation expense of $355,000. What was net capital spending for 2021?(Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g.,1,234,567.)

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