Question: Bowyer Driving Schools 2014 balance sheet showed net fixed assets of $4 million, and the 2015 balance sheet showed net fixed assets of $4.2 million.
Bowyer Driving Schools 2014 balance sheet showed net fixed assets of $4 million, and the 2015 balance sheet showed net fixed assets of $4.2 million. The companys 2015 income statement showed a depreciation expense of $350,000.
What was net capital spending for 2015? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)
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