Bowyer Driving schools 2014 balance sheet showed neck fixed assets of $4.2 million, and the 2015 balance sheet showed neck fixed assets of $5 million. The company is 2015 income statement show the depreciation expense of $205,000. What was that capital spending for 2015?

Answer rating: 100% (QA)

To determine the capital spending for 2015 we can use the Change in Net Fixed Assets for... View the full answer