Question: Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $3.4 million, and the 2009 balance sheet showed net fixed assets of $4.2 million.
Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $3.4 million, and the 2009 balance sheet showed net fixed assets of $4.2 million. The company's 2009 income statement showed a depreciation expense of $385,000. What was net capital spending for 2009?
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