? - x XUHS FILE HOME Calculating net capital spending - Excel FORMULAS DATA REVIEW INSERT PAGE LAYOUT VIEW Sign In Calibri 11 AA # = % Alignment Number - z Cell Styles Paste B I U. 3- 1 D Conditional Format as Formatting Table Styles A Cells Editing Skipped Clipboard Font A1 X fic A B E F G H I Bowyer Driving School's beginning of year balance sheet showed net fixed assets of $2.7 million, and the end of year balance sheet showed net fixed assets of $3.5 million. The company's income statement showed a depreciation expense of $328,000. What was net capital spending? Beginning net fixed assets Ending net fixed assets $ $ 2,700,000 3,500,000 Depreciation expense $ 328,000 Complete the following analysis. Do not hard code values in your calculations. Net capital spending Mc Graw HIIL Education